If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,800 Today
Portfolio Pulse from Benzinga Insights
Micron Technology (NASDAQ:MU) has delivered an average annual return of 21.74% over the past 5 years, outperforming the market by 8.01% on an annualized basis. A $1000 investment in MU 5 years ago would be worth $2,759.85 today. Micron Technology currently has a market cap of $96.67 billion.
December 27, 2023 | 2:01 pm
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Micron Technology has significantly outperformed the market with a 21.74% average annual return over the past 5 years, with a $1000 investment growing to $2,759.85.
The historical performance of Micron Technology is likely to instill confidence in investors, potentially attracting more interest in the stock. The impressive returns over the past 5 years could lead to positive sentiment in the short term, as investors may anticipate continued strong performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100