If You Invested $100 In This Stock 10 Years Ago, You Would Have $500 Today
Portfolio Pulse from Benzinga Insights
NXP Semiconductors (NASDAQ:NXPI) has delivered an average annual return of 16.75% over the past 10 years, outperforming the market by 7.13% on an annualized basis. A $100 investment in NXPI a decade ago would be worth $494.14 today. The company's current market capitalization stands at $51.52 billion.
November 21, 2023 | 3:30 pm
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NXP Semiconductors has shown strong performance with a 16.75% average annual return over the past 10 years, turning a $100 investment into $494.14.
The historical performance of NXPI is indicative of the company's strong past growth and may positively influence investor perception, potentially leading to a short-term increase in stock price as investors might be drawn to its proven track record of returns.
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