$1000 Invested In Applied Materials 20 Years Ago Would Be Worth This Much Today

Applied Materials AMAT has outperformed the market over the past 20 years by 2.7% on an annualized basis producing an average annual return of 10.39%. Currently, Applied Materials has a market capitalization of $74.46 billion.

Buying $1000 In AMAT: If an investor had bought $1000 of AMAT stock 20 years ago, it would be worth $7,179.10 today based on a price of $86.55 for AMAT at the time of writing.

Applied Materials'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.