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Micron Technology MU has outperformed the market over the past 15 years by 4.37% on an annualized basis producing an average annual return of 10.66%. Currently, Micron Technology has a market capitalization of $67.72 billion.
Buying $1000 In MU: If an investor had bought $1000 of MU stock 15 years ago, it would be worth $4,577.93 today based on a price of $61.39 for MU at the time of writing.
Micron Technology’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.
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Image and article originally from www.benzinga.com. Read the original article here.