Micron Technology (NASDAQ:MU) has outperformed the market over the past 15 years by 11.39% on an annualized basis producing an average annual return of 24.34%. Currently, Micron Technology has a market capitalization of $132.29 billion.
Buying $1000 In MU: If an investor had bought $1000 of MU stock 15 years ago, it would be worth $25,514.04 today based on a price of $119.46 for MU at the time of writing.
Micron Technology's Performance Over Last 15 Years
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.