$100 Invested In STMicroelectronics 10 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, STMicroelectronics (NYSE:STM) has produced an average annual return of 19.7%, outperforming the market by 10.03% on an annualized basis. A $100 investment in STM a decade ago would be worth $630.75 today. The company's current market capitalization stands at $42.33 billion.
December 04, 2023 | 4:00 pm
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STMicroelectronics has shown strong performance with an average annual return of 19.7% over the past decade, significantly outperforming the market.
The historical performance of STMicroelectronics indicates a strong track record of growth, which is likely to instill confidence in investors and could lead to a positive short-term impact on the stock price as it highlights the company's long-term value creation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100