Super Micro Computer (NASDAQ:SMCI) has outperformed the market over the past 10 years by 16.6% on an annualized basis producing an average annual return of 26.07%. Currently, Super Micro Computer has a market capitalization of $17.88 billion.
Buying $1000 In SMCI: If an investor had bought $1000 of SMCI stock 10 years ago, it would be worth $9,784.02 today based on a price of $30.12 for SMCI at the time of writing.
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.