Here's How Much You Would Have Made Owning Microchip Technology Stock In The Last 15 Years
Portfolio Pulse from Benzinga Insights
Microchip Technology (NASDAQ:MCHP) has delivered an average annual return of 15.27% over the past 15 years, outperforming the market by 3.84% on an annualized basis. A $100 investment in MCHP stock 15 years ago would be worth $858.48 today. The company's current market capitalization stands at $45.19 billion.
December 05, 2023 | 5:30 pm
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Microchip Technology has shown strong long-term performance with a 15.27% average annual return over 15 years, significantly outpacing the market.
The historical performance data of Microchip Technology indicates a strong track record of growth, which may instill confidence in investors and positively influence the stock price in the short term.
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