Here's How Much $100 Invested In Rambus 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past decade, Rambus (NASDAQ:RMBS) has delivered an average annual return of 18.23%, outperforming the market by 7.41%. A $100 investment in RMBS 10 years ago would now be worth $536.38, showcasing the impact of compounded returns on investment growth. Rambus currently has a market capitalization of $6.62 billion.
April 02, 2024 | 4:30 pm
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Rambus has significantly outperformed the market over the past decade with an 18.23% average annual return, turning a $100 investment into $536.38.
The substantial outperformance of Rambus compared to the market over the past decade, as highlighted by its 18.23% average annual return, demonstrates the company's strong growth and investment potential. This historical performance, coupled with the significant increase in the value of an initial investment, suggests a positive outlook for RMBS in the short term, assuming the company continues on its current trajectory.
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