Here's how much $1,000 invested in Lam Research 5 years ago would be worth today

Lam Research LRCX has outperformed the market over the past 5 years by 11.84% on an annualized basis, producing an average annual return of 19.91%. Currently, Lam Research has a market capitalization of $61.40 billion.

Buy $1,000 in LRCX: If an investor bought $1,000 worth of LRCX stock 5 years ago, it would be worth $2,426.17 today, based on 'a price of $450.20 for LRCX at the time of writing.

Performance of Lam Research over the last 5 years

Finally -- what's the point of all this? The key takeaway from this article is to note the difference compounding returns can make in your cash flow growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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