$100 Invested In This Stock 10 Years Ago Would Be Worth This Much Today

Applied Mat (NASDAQ:AMAT) has outperformed the market over the past 10 years by 15.94% on an annualized basis producing an average annual return of 27.39%. Currently, Applied Mat has a market capitalization of $163.14 billion.

Buying $100 In AMAT: If an investor had bought $100 of AMAT stock 10 years ago, it would be worth $1,129.66 today based on a price of $200.74 for AMAT at the time of writing.

Applied Mat's Performance Over Last 10 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.