If You Invested $1000 In This Stock 10 Years Ago, You Would Have $9,200 Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Applied Materials (NASDAQ:AMAT) has yielded an average annual return of 24.82%, outperforming the market by 14.99% on an annualized basis. A $1000 investment in AMAT a decade ago would be worth $9,207.30 today. Applied Materials currently has a market cap of $133.88 billion.
December 21, 2023 | 5:30 pm
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Applied Materials has significantly outperformed the market with an average annual return of 24.82% over the past decade, turning a $1000 investment into $9,207.30.
The historical performance of Applied Materials as highlighted in the article suggests strong past growth, which may positively influence investor perception and potentially lead to increased investor interest in the short term. However, past performance is not always indicative of future results, and investors should consider other factors as well.
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