Here's How Much $1000 Invested In Micron Technology 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Micron Technology (NASDAQ:MU) has produced an average annual return of 8.73%, outperforming the market. A $1000 investment in MU 20 years ago would now be worth $5,498.38. The company currently has a market capitalization of $93.21 billion.
February 22, 2024 | 2:30 pm
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Micron Technology has shown significant growth over the past 20 years, with a $1000 investment growing to $5,498.38.
The article highlights Micron Technology's strong performance over the past two decades, with an average annual return of 8.73%, significantly outpacing the market. This historical performance, coupled with a current market capitalization of $93.21 billion, suggests a positive outlook for MU, making it likely to attract investor interest and potentially drive up its stock price in the short term.
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