$100 Invested In This Stock 10 Years Ago Would Be Worth $400 Today
Portfolio Pulse from Benzinga Insights
Microchip Technology (NASDAQ:MCHP) has outperformed the market over the past 10 years, producing an average annual return of 16.14%. If an investor had bought $100 of MCHP stock 10 years ago, it would be worth $449.17 today.
July 11, 2023 | 2:30 pm
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Microchip Technology has shown strong performance over the past decade, with an average annual return of 16.14%. This could indicate a potentially strong investment for long-term investors.
The article highlights the strong performance of Microchip Technology over the past decade, which has outperformed the market. This could make the stock attractive to long-term investors, potentially driving up demand and price in the short term.
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