$100 Invested In This Stock 5 Years Ago Would Be Worth $200 Today
Portfolio Pulse from Benzinga Insights
Microchip Technology (NASDAQ:MCHP) has outperformed the market over the past 5 years, producing an average annual return of 15.87%. If an investor had bought $100 of MCHP stock 5 years ago, it would be worth $210.95 today.
November 02, 2023 | 4:00 pm
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Microchip Technology has shown strong performance over the past 5 years, with an average annual return of 15.87%. An investment of $100 5 years ago would be worth $210.95 today.
The article highlights the strong performance of Microchip Technology over the past 5 years. This positive performance is likely to increase investor confidence and could potentially lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100