Here's How Much You Would Have Made Owning Lam Research Stock In The Last 10 Years
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Lam Research (NASDAQ:LRCX) has produced an average annual return of 29.62%, outperforming the market by 19.65% on an annualized basis. A $1000 investment in LRCX a decade ago would be worth $13,709.42 today. The company currently has a market capitalization of $99.16 billion.
January 10, 2024 | 4:00 pm
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Lam Research has significantly outperformed the market with an average annual return of 29.62% over the past decade, with a $1000 investment growing to $13,709.42.
The historical performance data provided for LRCX indicates a strong track record of growth over the past decade. This information is likely to instill confidence in current and potential investors, reflecting positively on the stock's short-term outlook. However, past performance is not always indicative of future results, and investors should consider other factors as well.
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