Lumentum Holdings (NASDAQ:LITE) has outperformed the market over the past 10 years by 19.77% on an annualized basis producing an average annual return of 33.64%. Currently, Lumentum Holdings has a market capitalization of $25.01 billion.
Buying $1000 In LITE: If an investor had bought $1000 of LITE stock 10 years ago, it would be worth $17,904.40 today based on a price of $357.73 for LITE at the time of writing.
Lumentum Holdings’s Performance Over Last 10 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.
Recent Comments