$1000 Invested In Lam Research 15 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Lam Research (NASDAQ:LRCX) has significantly outperformed the market, with an average annual return of 27.92%. A $1000 investment in LRCX 15 years ago would now be worth $41,145.47. The company currently has a market capitalization of $126.82 billion.
April 02, 2024 | 9:30 pm
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POSITIVE IMPACT
Lam Research has shown remarkable performance over the past 15 years, with a $1000 investment growing to $41,145.47, reflecting an annual return of 27.92%.
The significant growth in the value of Lam Research's stock over the past 15 years, as highlighted by the increase in investment value from $1000 to $41,145.47, indicates a strong performance and potential for continued positive momentum. This historical performance, coupled with a substantial market capitalization, suggests a positive outlook for LRCX in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100