$1000 Invested In Micron Technology 20 Years Ago Would Be Worth This Much Today

Micron Technology MU has outperformed the market over the past 20 years by 2.9% on an annualized basis producing an average annual return of 10.84%. Currently, Micron Technology has a market capitalization of $124.11 billion.

Buying $1000 In MU: If an investor had bought $1000 of MU stock 20 years ago, it would be worth $7,784.77 today based on a price of $112.07 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.