Here's How Much You Would Have Made Owning Advanced Micro Devices Stock In The Last 10 Years
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Advanced Micro Devices (NASDAQ:AMD) has significantly outperformed the market, with an annualized return of 42.57%, turning a $1000 investment into $34,942.35. AMD's market capitalization stands at $240.06 billion, highlighting its substantial growth and the impact of compounded returns over time.
April 19, 2024 | 5:01 pm
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Advanced Micro Devices has demonstrated remarkable growth over the past decade with an annualized return of 42.57%, significantly outperforming the market.
The substantial growth in AMD's stock price over the past decade, as highlighted by the article, suggests a positive outlook for the company's future performance. This historical performance, coupled with a strong market capitalization, indicates a robust financial position and potential for continued growth, likely leading to a positive short-term impact on AMD's stock price.
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