Here's How Much You Would Have Made Owning Lam Research Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Lam Research (NASDAQ:LRCX) has produced an average annual return of 20.3%, outperforming the market by 12.25% annually. With a current market capitalization of $122.50 billion, an investment of $100 in LRCX 20 years ago would be worth $3,939.68 today.
March 13, 2024 | 8:00 pm
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Lam Research has shown remarkable performance over the past 20 years, with an average annual return of 20.3%, significantly outperforming the market.
The significant outperformance of Lam Research over the past 20 years, as highlighted in the article, demonstrates the company's strong market position and consistent growth. This historical performance, especially the impressive return on a relatively small initial investment, is likely to positively influence investor sentiment and could lead to increased interest in LRCX shares in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100