Here's How Much You Would Have Made Owning KLA Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Over the past 20 years, KLA (NASDAQ:KLAC) has produced an average annual return of 12.81%, outperforming the market by 5.26% on an annualized basis. With a current market capitalization of $82.49 billion, a $1000 investment in KLAC 20 years ago would be worth $11,151.41 today.
February 08, 2024 | 9:00 pm
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KLA has demonstrated significant long-term growth, with a $1000 investment growing to $11,151.41 over 20 years, reflecting a 12.81% average annual return.
The article highlights KLA's strong performance over the past 20 years, significantly outperforming the market. This historical performance, especially the impressive growth of a $1000 investment into $11,151.41, suggests a positive outlook on KLA's stock. It reflects the company's ability to generate value for its investors over a long period, which could continue to attract investor interest and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100