Here's How Much $100 Invested In Applied Mat 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Applied Materials (NASDAQ:AMAT) has produced an average annual return of 34.86%, outperforming the market by 21.86%. A $100 investment in AMAT 5 years ago would be worth $434.27 today. The company's market capitalization currently stands at $124.58 billion.
January 09, 2024 | 6:00 pm
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Applied Materials has significantly outperformed the market with a 34.86% average annual return over the past 5 years, turning a $100 investment into $434.27.
The historical performance of Applied Materials as detailed in the article suggests strong past growth, which could positively influence investor sentiment and potentially continue to drive the stock's performance 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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