$1000 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 27.35%, outperforming the market. A $1000 investment in LRCX 15 years ago would be worth $37,432.68 today. The company's current market capitalization stands at $102.96 billion. This showcases the significant impact of compounded returns on investment growth over time.
December 22, 2023 | 6:00 pm
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Lam Research's stock has significantly outperformed the market with a 27.35% average annual return over the past 15 years, turning a $1000 investment into $37,432.68.
The historical performance data provided for LRCX indicates a strong track record of returns, which could instill confidence in investors and potentially lead to a positive short-term impact on the stock price. However, past performance is not always indicative of future results, and investors may also consider current market conditions and future prospects.
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