Applied Mat (NASDAQ:AMAT) has outperformed the market over the past 20 years by 3.91% on an annualized basis producing an average annual return of 11.8%. Currently, Applied Mat has a market capitalization of $171.32 billion.
Buying $100 In AMAT: If an investor had bought $100 of AMAT stock 20 years ago, it would be worth $946.53 today based on a price of $206.19 for AMAT at the time of writing.
Applied Mat'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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
