Here's How Much You Would Have Made Owning Lam Research Stock In The Last 15 Years
Portfolio Pulse from Benzinga Insights
Lam Research (NASDAQ:LRCX) has significantly outperformed the market, with an average annual return of 27.25% over the past 15 years. An investment of $100 in LRCX stock 15 years ago would be worth $3,825.07 today. The company's current market capitalization stands at $109.22 billion.
January 22, 2024 | 5:00 pm
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Lam Research has delivered a stellar performance with an annualized return of 27.25% over the past 15 years, turning a $100 investment into $3,825.07.
The historical performance of Lam Research is indicative of strong growth and may continue to attract investors looking for proven long-term gains. The impressive 15-year track record could positively influence investor sentiment and potentially lead to an increase in stock price in the short term.
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