$1000 Invested In This Stock 15 Years Ago Would Be Worth $7,800 Today

Micron Technology MU has outperformed the market over the past 15 years by 7.02% on an annualized basis producing an average annual return of 14.49%. Currently, Micron Technology has a market capitalization of $64.57 billion.

Buying $1000 In MU: If an investor had bought $1000 of MU stock 15 years ago, it would be worth $7,848.81 today based on a price of $59.17 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.