$100 Invested In This Stock 20 Years Ago Would Be Worth $800 Today
Portfolio Pulse from Benzinga Insights
Advanced Micro Devices (NASDAQ:AMD) has delivered an average annual return of 11.28% over the past 20 years, outperforming the market. A $100 investment in AMD 20 years ago would be worth $847.41 today. The company's current market capitalization stands at $237.93 billion. The article highlights the impact of compounded returns on investment growth over time.
January 12, 2024 | 2:31 pm
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Advanced Micro Devices has shown strong performance with an 11.28% average annual return over 20 years, turning a $100 investment into $847.41.
The historical performance of AMD is impressive and highlights the company's strong growth over two decades. This information is likely to instill confidence in investors about the company's long-term potential, which could have a positive impact on the stock price in the short term. However, past performance is not always indicative of future results, and investors should also consider other current market conditions and company fundamentals.
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RELEVANCE 100