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If You Invested $100 In This Stock 10 Years Ago, You Would Have $800 Today

Author: Benzinga Insights | September 05, 2024 12:00pm

Applied Mat (NASDAQ:AMAT) has outperformed the market over the past 10 years by 12.51% on an annualized basis producing an average annual return of 23.12%. Currently, Applied Mat has a market capitalization of $148.21 billion.

Buying $100 In AMAT: If an investor had bought $100 of AMAT stock 10 years ago, it would be worth $796.84 today based on a price of $179.00 for AMAT at the time of writing.

Applied Mat's Performance Over Last 10 Years

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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.

Posted In: AMAT

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