$100 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 21.08% on an annualized basis producing an average annual return of 33.87%. Currently, Micron Technology has a market capitalization of $284.44 billion.

Buying $100 In MU: If an investor had bought $100 of MU stock 10 years ago, it would be worth $1,797.86 today based on a price of $252.76 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.