Here's How Much $1000 Invested In Lam Research 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Lam Research (NASDAQ:LRCX) has significantly outperformed the market over the past 10 years, delivering an average annual return of 27.44%. A $1000 investment in LRCX 10 years ago would be worth $11,369.89 today. The article highlights the power of compounded returns.
August 12, 2024 | 6:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Lam Research has delivered an impressive average annual return of 27.44% over the past 10 years, significantly outperforming the market. A $1000 investment in LRCX 10 years ago would now be worth $11,369.89.
The article highlights Lam Research's strong historical performance, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation.
CONFIDENCE 100
IMPORTANCE 80
RELEVANCE 100