Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Benzinga Insights

Here's How Much $1000 Invested In Lam Research 5 Years Ago Would Be Worth Today

Lam Research (NASDAQ:LRCX) has outperformed the market over the past 5 years by 17.93% on an annualized basis.

Buying $1,000 In LRCX: 5 years ago, an investor could have purchased 7.94 shares of Lam Research at the time with $1,000. This investment in LRCX would have produced an average annual return of 29.88%. Currently, Lam Research has a market capitalization of $65.21 billion.

Lam Research's Share Price Over Last 5 Years

This $1,000 investment would be worth $3,710.88 today based on a price of $467.46 for LRCX at the time of writing.

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

You can check out Benzinga's market data in an enhanced view on Benzinga Pro

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.