Stockmarket

Here's How Much You Would Have Made Owning KLA Stock In The Last 15 Years



© Reuters. Here’s How Much You Would Have Made Owning KLA Stock In The Last 15 Years

Benzinga – by Benzinga Insights, Benzinga Staff Writer.

KLA (NASDAQ:KLAC) has outperformed the market over the past 15 years by 12.1% on an annualized basis producing an average annual return of 23.45%. Currently, KLA has a market capitalization of $63.04 billion.

Buying $100 In KLAC: If an investor had bought $100 of KLAC stock 15 years ago, it would be worth $2,471.62 today based on a price of $462.44 for KLAC at the time of writing.

KLA’s Performance Over Last 15 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.

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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