Here's How Much You Would Have Made Owning Micron Technology Stock In The Last 15 Years

Benzinga · 10/14 16:30

Micron Technology (NASDAQ:MU) has outperformed the market over the past 15 years by 7.04% on an annualized basis producing an average annual return of 18.86%. Currently, Micron Technology has a market capitalization of $118.86 billion.

Buying $100 In MU: If an investor had bought $100 of MU stock 15 years ago, it would be worth $1,331.43 today based on a price of $107.19 for MU at the time of writing.

Micron Technology's Performance Over Last 15 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.