share_log

$1000 Invested In This Stock 5 Years Ago Would Be Worth $5,000 Today

Benzinga ·  Oct 9 14:00

KLA (NASDAQ:KLAC) has outperformed the market over the past 5 years by 23.54% on an annualized basis producing an average annual return of 37.57%. Currently, KLA has a market capitalization of $107.32 billion.

Buying $1000 In KLAC: If an investor had bought $1000 of KLAC stock 5 years ago, it would be worth $5,037.92 today based on a price of $801.03 for KLAC at the time of writing.

KLA's Performance Over Last 5 Years

1728496833_0.png

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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment