If you had invested $1000 in this stock 15 years ago, you would have…

If you had invested $1000 in this stock 15 years ago, you would have…

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Lam Research LRCX has outperformed the market by 11.08% on an annualized basis over the last 15 years and has produced a compound annual return of 18.46%. Currently, Lam Research has a market cap of $68.38 billion.

Buy $1000 in LRCX: If an investor bought $1,000 worth of LRCX stock 15 years ago, it would be worth it $12,690.73 today based on a price of $509.02 for LRCX at the time of writing.

Lam Research’s performance over the past 15 years

Finally – what is all this? The most important takeaway to take from this article is how much of a difference compound 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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