Here's How Much $1000 Invested In ON Semiconductor 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
ON Semiconductor (NASDAQ:ON) has significantly outperformed the market with an average annual return of 26.28% over the past decade. An investment of $1000 in ON stock 10 years ago would now be worth $10,309.83. The company's current market capitalization stands at $36.13 billion.
December 22, 2023 | 3:00 pm
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ON Semiconductor has delivered a robust average annual return of 26.28% over the past 10 years, turning a $1000 investment into $10,309.83.
The historical performance of ON Semiconductor is likely to instill confidence in investors, potentially attracting more interest in the stock. The impressive 10-year return highlights the company's success and could lead to a positive short-term impact on the stock price as it underscores the company's long-term value creation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100