$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 15.53%. If an investor had bought $100 of MCHP stock 10 years ago, it would be worth $425.54 today. The company currently has a market capitalization of $45.07 billion.
August 14, 2023 | 8:00 pm
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Microchip Technology has shown strong performance over the past decade, with an average annual return of 15.53%. This has resulted in significant growth for investors.
The article highlights the strong performance of Microchip Technology over the past decade, which has resulted in significant returns for investors. This positive news is likely to increase investor confidence in the company and could potentially drive up the stock price in the short term.
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