Micron Technology (NASDAQ:MU) has outperformed the market over the past 10 years by 14.5% on an annualized basis producing an average annual return of 26.31%. Currently, Micron Technology has a market capitalization of $78.71 billion.
Buying $100 In MU: If an investor had bought $100 of MU stock 10 years ago, it would be worth $1,055.39 today based on a price of $70.49 for MU at the time of writing.
Micron Technology’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.