Here's How Much You Would Have Made Owning ON Semiconductor Stock In The Last 10 Years
Portfolio Pulse from Benzinga Insights
ON Semiconductor (NASDAQ:ON) has delivered an average annual return of 25.45% over the past 10 years, outperforming the market by 15.74% on an annualized basis. A $1000 investment in ON stock a decade ago would be worth $9,653.74 today. The company's current market capitalization stands at $31.10 billion.
December 05, 2023 | 5:00 pm
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ON Semiconductor has significantly outperformed the market with a 25.45% average annual return over the past 10 years, with a $1000 investment growing to $9,653.74.
The historical performance of ON Semiconductor is likely to instill confidence in investors, potentially attracting more interest in the stock. The impressive long-term returns highlighted in the article may lead to a positive short-term impact as investors might perceive the company as a strong long-term investment.
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