share_log

If You Invested $100 In This Stock 15 Years Ago, You Would Have $2,300 Today

Benzinga ·  May 1 14:00

KLA (NASDAQ:KLAC) has outperformed the market over the past 15 years by 11.86% on an annualized basis producing an average annual return of 23.91%. Currently, KLA has a market capitalization of $90.22 billion.

Buying $100 In KLAC: If an investor had bought $100 of KLAC stock 15 years ago, it would be worth $2,339.77 today based on a price of $670.11 for KLAC at the time of writing.

KLA's Performance Over Last 15 Years

comp_fig

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.

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

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment