Here's How Much You Would Have Made Owning Micron Technology Stock In The Last 20 Years
Micron Technology (NASDAQ:MU) has outperformed the market over the past 20 years by 3.45% on an annualized basis producing an average annual return of 11.88%. Currently, Micron Technology has a market capitalization of $126.57 billion.
Buying $1000 In MU: If an investor had bought $1000 of MU stock 20 years ago, it would be worth $9,507.14 today based on a price of $113.10 for MU at the time of writing.
Micron Technology's Performance Over Last 20 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.
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