$1000 Invested In Lam Research 20 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Lam Research (NASDAQ:LRCX) has produced an average annual return of 20.28%, outperforming the market by 12.3% annually. With a current market capitalization of $126.11 billion, a $1000 investment in LRCX 20 years ago would be worth $38,617.20 today.
April 11, 2024 | 8:00 pm
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POSITIVE IMPACT
Lam Research has shown significant long-term growth, with a $1000 investment growing to $38,617.20 over 20 years, reflecting a 20.28% average annual return.
The substantial growth in the value of Lam Research stock over the past two decades highlights the company's strong performance and its ability to significantly outperform the market. This historical performance, especially with a high average annual return of 20.28%, suggests a positive outlook for the stock, potentially attracting more investors seeking long-term growth opportunities.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100