$1000 Invested In Advanced Micro Devices 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Advanced Micro Devices (NASDAQ:AMD) has significantly outperformed the market, with an annualized return of 28.98% and an average annual return of 41.08%. A $1000 investment in AMD 5 years ago would now be worth $5,434.62, showcasing the impact of compounded returns on investment growth. AMD's current market capitalization stands at $240.75 billion.
May 03, 2024 | 2:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Advanced Micro Devices has seen a remarkable growth over the past 5 years, with a $1000 investment growing to $5,434.62, reflecting an annualized return of 28.98%.
The significant growth in AMD's stock price over the past 5 years, as detailed in the article, indicates a strong performance that has outpaced the market. This historical performance, especially the impressive return on investment, is likely to attract investor interest and could lead to a positive short-term impact on AMD's stock price. The confidence in this analysis is high due to the clear historical data provided.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100