$1000 Invested In Micron Technology 10 Years Ago Would Be Worth This Much Today

Micron Technology (NASDAQ:MU) has outperformed the market over the past 10 years by 6.2% on an annualized basis producing an average annual return of 17.21%. Currently, Micron Technology has a market capitalization of $133.89 billion.

Buying $1000 In MU: If an investor had bought $1000 of MU stock 10 years ago, it would be worth $4,865.61 today based on a price of $119.80 for MU at the time of writing.

Micron Technology'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.