If You Invested $1000 In This Stock 5 Years Ago, You Would Have $3,700 Today

Micron Technology MU has outperformed the market over the past 5 years by 17.08% on an annualized basis producing an average annual return of 30.18%. Currently, Micron Technology has a market capitalization of $144.30 billion.

Buying $1000 In MU: If an investor had bought $1000 of MU stock 5 years ago, it would be worth $3,728.39 today based on a price of $130.31 for MU at the time of writing.

Micron Technology's Performance Over Last 5 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.