Here's How Much $100 Invested In Microchip Technology 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Microchip Technology (NASDAQ:MCHP) has outperformed the market over the past 20 years, producing an average annual return of 8.92%. If an investor had bought $100 of MCHP stock 20 years ago, it would be worth $551.97 today. The company currently has a market capitalization of $42.35 billion.
August 25, 2023 | 3:30 pm
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Microchip Technology has shown strong performance over the past 20 years, outperforming the market and providing an average annual return of 8.92%.
The article highlights the strong performance of Microchip Technology over the past 20 years, which has outperformed the market. This historical performance could attract investors, potentially driving up the stock price in the short term.
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