$1000 Invested In Rambus 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Rambus (NASDAQ:RMBS) has significantly outperformed the market with an annualized return of 28.24%, averaging 40.86% annually. An investment of $1000 in RMBS 5 years ago would now be worth $5,508.26, showcasing the impact of compounded returns on investment growth. Rambus currently has a market capitalization of $6.13 billion.
February 28, 2024 | 7:30 pm
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Rambus has shown exceptional performance over the past 5 years, with an investment growth from $1000 to $5,508.26, reflecting a significant annualized return of 28.24%.
The substantial growth in investment value from $1000 to $5,508.26 over 5 years highlights Rambus's strong market performance and the impact of compounded returns. This exceptional growth rate significantly outpaces the market, indicating a positive outlook for RMBS in the short term, especially for investors recognizing the value of long-term investments.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100