If You Invested $100 In This Stock 5 Years Ago, You Would Have $300 Today
Portfolio Pulse from Benzinga Insights
STMicroelectronics (NYSE:STM) has delivered an impressive average annual return of 25.88% over the past 5 years, outperforming the market by 14.77% on an annualized basis. A $100 investment in STM 5 years ago would be worth $311.07 today. The company currently holds a market capitalization of $40.86 billion.
November 22, 2023 | 8:00 pm
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STMicroelectronics has shown strong performance with a 25.88% average annual return over the past 5 years, significantly outperforming the market.
The historical performance of STMicroelectronics is indicative of strong growth and may attract investors looking for companies with a proven track record of returns. This positive retrospective analysis could lead to increased investor confidence and a potential short-term uplift in the stock price.
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