If You Invested $100 In Micron Technology Stock 15 Years Ago, You Would Have This Much Today

Micron Technology (NASDAQ:MU) has outperformed the market over the past 15 years by 15.92% on an annualized basis producing an average annual return of 27.62%. Currently, Micron Technology has a market capitalization of $476.36 billion.

Buying $100 In MU: If an investor had bought $100 of MU stock 15 years ago, it would be worth $4,011.75 today based on a price of $423.24 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.