Applied Mat (NASDAQ:AMAT) has outperformed the market over the past 10 years by 12.51% on an annualized basis producing an average annual return of 23.12%. Currently, Applied Mat has a market capitalization of $148.21 billion.
Buying $100 In AMAT: If an investor had bought $100 of AMAT stock 10 years ago, it would be worth $796.84 today based on a price of $179.00 for AMAT at the time of writing.
Applied Mat'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.