Here's How Much You Would Have Made Owning Lam Research Stock In The Last 15 Years

Lam Research LRCX has outperformed the market over the past 15 years by 9.59% on an annualized basis producing an average annual return of 19.96%. Currently, Lam Research has a market capitalization of $81.59 billion.

Buying $1000 In LRCX: If an investor had bought $1000 of LRCX stock 15 years ago, it would be worth $15,483.56 today based on a price of $63.56 for LRCX at the time of writing.

Lam Research's Performance Over Last 15 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.