$1,000 invested in Applied Mat 10 years ago would be worth the same today – Applied Mat (NASDAQ:AMAT)

Applied mat ENORMOUS has outperformed the market over the past 10 years by 13.49% on an annualized basis, resulting in an average annual return of 24.72%. Currently, Applied Mat has a market capitalization of $162.70 billion.

Purchase of $1000 in AMAT: If an investor had bought $1,000 worth of AMAT stock 10 years ago, it would have been worth $9,047.36 today based on a price of $196.50 for AMAT at the time of writing.

Applied Mat performance over the past 10 years

Finally, what's the point of all this? The key takeaway from this article is to look at the difference that compound returns can make to the growth of your cash over time.

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