Micron Technology (NASDAQ:MU) has outperformed the market over the past 15 years by 12.27% on an annualized basis producing an average annual return of 24.47%. Currently, Micron Technology has a market capitalization of $229.50 billion.

Buying $100 In MU: If an investor had bought $100 of MU stock 15 years ago, it would be worth $2,734.27 today based on a price of $205.07 for MU at the time of writing.

Micron Technology'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.