If You Invested $1000 In This Stock 20 Years Ago, You Would Have $10,000 Today

Micron Technology MU has outperformed the market over the past 20 years by 3.86% on an annualized basis producing an average annual return of 12.3%. Currently, Micron Technology has a market capitalization of $148.53 billion.

Buying $1000 In MU: If an investor had bought $1000 of MU stock 20 years ago, it would be worth $10,123.96 today based on a price of $133.95 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.