KLA (NASDAQ:KLAC) has outperformed the market over the past 15 years by 11.89% on an annualized basis producing an average annual return of 21.83%. Currently, KLA has a market capitalization of $62.65 billion.

Buying $1000 In KLAC: If an investor had bought $1000 of KLAC stock 15 years ago, it would be worth $20,181.82 today based on a price of $459.54 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.