Here's How Much You Would Have Made Owning Micron Technology Stock In The Last 15 Years
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Micron Technology (NASDAQ:MU) has produced an average annual return of 24.36%, outperforming the market by 11.66% on an annualized basis. With a current market capitalization of $136.85 billion, an initial investment of $1000 in MU stock 15 years ago would be worth $26,930.28 today.
April 15, 2024 | 3:30 pm
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Micron Technology has shown remarkable growth over the past 15 years, with an average annual return of 24.36%, significantly outperforming the market.
The article highlights Micron Technology's exceptional performance over the last 15 years, indicating a strong and consistent growth trajectory. This historical performance, especially the significant outperformance compared to the market, suggests a positive outlook for the stock in the short term. Investors might view this track record as a sign of the company's resilience and potential for continued growth, potentially driving up demand for MU shares.
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IMPORTANCE 90
RELEVANCE 100