INTC - If You'd Invested $5000 in Intel Stock 30 Years Ago Here's How Much You'd Have Today
2024-07-16 09:19:00 ET
Technology outfit Intel (NASDAQ: INTC) isn't quite the shining star it was back when the personal computer industry was young. It's also suffered more than its fair share of research and development headaches since then.
Still, this stock continues to log market-beating (even if erratic) gains. Shares are up a little over 830% since July 1994. A $5,000 investment in Intel then would be worth just a little more than $46,600 today. And that's not counting the modest dividends also dished out during this time.
Those numbers come with an important footnote, however: Shares haven't actually provided any gains to long-term investors who stepped in when Intel stock was its most attractive.
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If You'd Invested $5,000 in Intel Stock 30 Years Ago, Here's How Much You'd Have Today