$100 Invested In Lam Research 15 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Lam Research (NASDAQ:LRCX) has produced an average annual return of 26.36%, outperforming the market by 14.76% on an annualized basis. A $100 investment in LRCX 15 years ago would be worth $3,201.17 today. The company currently has a market capitalization of $91.97 billion. The article highlights the impact of compounded returns on investment growth over time.
December 06, 2023 | 5:00 pm
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Lam Research has significantly outperformed the market with an average annual return of 26.36% over the past 15 years, turning a $100 investment into $3,201.17 today.
The historical performance data provided for LRCX is likely to instill confidence in investors about the company's long-term growth potential. While past performance is not indicative of future results, such a strong track record could attract more investors, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100