If You Invested $1000 In This Stock 10 Years Ago, You Would Have $15,000 Today
Portfolio Pulse from Benzinga Insights
Lam Research (NASDAQ:LRCX) has outperformed the market over the past 10 years by 20.32% on an annualized basis, producing an average annual return of 30.53%. If an investor had bought $1000 of LRCX stock 10 years ago, it would be worth $14,505.68 today.
August 09, 2023 | 7:00 pm
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Lam Research's stock has shown strong performance over the past 10 years, outperforming the market by 20.32% on an annualized basis. This historical performance may attract investors looking for steady growth.
The article highlights the strong performance of Lam Research's stock over the past decade. This historical performance, which has significantly outperformed the market, may make the stock attractive to investors looking for steady, long-term growth. Therefore, this news could potentially have a positive impact on the stock's price in the short term.
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