$1000 Invested In Applied Mat 10 Years Ago Would Be Worth This Much Today

Applied Mat AMAT has outperformed the market over the past 10 years by 13.49% on an annualized basis producing an average annual return of 24.72%. Currently, Applied Mat has a market capitalization of $162.70 billion.

Buying $1000 In AMAT: If an investor had bought $1000 of AMAT stock 10 years ago, it would be worth $9,047.36 today based on a price of $196.50 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.