$1000 Invested In Micron Technology 15 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Micron Technology (NASDAQ:MU) has produced an average annual return of 24.34%, outperforming the market. An investment of $1000 in MU 15 years ago would be worth $25,514.04 today. Micron Technology currently has a market capitalization of $132.29 billion.
March 28, 2024 | 5:00 pm
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POSITIVE IMPACT
Micron Technology has shown significant growth over the past 15 years, with an investment of $1000 growing to $25,514.04 today.
The substantial growth in the value of Micron Technology's stock over the past 15 years, as indicated by an average annual return of 24.34%, suggests a strong performance that has outpaced the market. This historical performance, coupled with a current market capitalization of $132.29 billion, indicates a positive outlook for the company's stock in the short term. Investors may view this track record as a sign of the company's resilience and potential for continued growth.
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IMPORTANCE 90
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