SANM
Sanmina (NASDAQ:SANM) has outperformed the market over the past 20 years by 2.57% on an annualized basis producing an average annual return of 11.67%. Currently, Sanmina has a market capitalization of $10.70 billion.
Buying $1000 In SANM: If an investor had bought $1000 of SANM stock 20 years ago, it would be worth $8,638.96 today based on a price of $199.56 for SANM at the time of writing.
Sanmina’s Performance Over Last 20 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.