$100 Invested In Micron Technology 20 Years Ago Would Be Worth This Much Today
Micron Technology, Inc. MU | 106.39 106.39 | -1.41% 0.00% Pre |
Micron Technology (NASDAQ:MU) has outperformed the market over the past 20 years by 3.57% on an annualized basis producing an average annual return of 11.8%. Currently, Micron Technology has a market capitalization of $145.79 billion.
Buying $100 In MU: If an investor had bought $100 of MU stock 20 years ago, it would be worth $931.23 today based on a price of $131.48 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.