Here's How Much $1000 Invested In Applied Mat 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Applied Materials (NASDAQ:AMAT) has produced an average annual return of 10.3%, outperforming the market by 2.73% annually. A $1000 investment in AMAT 20 years ago would be worth $6,756.79 today. Applied Materials currently has a market capitalization of $126.89 billion.
December 01, 2023 | 6:00 pm
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Applied Materials (AMAT) has shown strong long-term performance with an average annual return of 10.3% over the past 20 years, turning a $1000 investment into $6,756.79.
The historical performance data of AMAT is positive, indicating a strong past performance. However, past performance does not guarantee future results, and this retrospective analysis may not have a direct short-term impact on the stock price. Investors may view this positively, but it is more of a reflection on the company's past rather than an indicator of future performance.
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