If You Invested $1000 In This Stock 10 Years Ago, You Would Have $10,000 Today

Applied Mat AMAT has outperformed the market over the past 10 years by 15.52% on an annualized basis producing an average annual return of 25.98%. Currently, Applied Mat has a market capitalization of $140.22 billion.

Buying $1000 In AMAT: If an investor had bought $1000 of AMAT stock 10 years ago, it would be worth $10,090.91 today based on a price of $168.72 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.