Here's How Much $1000 Invested In Micron Technology 20 Years Ago Would Be Worth Today

Comments
Loading...

Micron Technology MU has outperformed the market over the past 20 years by 1.08% on an annualized basis producing an average annual return of 8.73%. Currently, Micron Technology has a market capitalization of $93.21 billion.

Buying $1000 In MU: If an investor had bought $1000 of MU stock 20 years ago, it would be worth $5,498.38 today based on a price of $84.44 for MU at the time of writing.

Micron Technology's Performance Over Last 20 Years

comp_fig

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.

Overview Rating:
Speculative
50%
Technicals Analysis
66
0100
Financials Analysis
40
0100
Overview
Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!