Here's How Much You Would Have Made Owning STMicroelectronics Stock In The Last 15 Years
Portfolio Pulse from Benzinga Insights
STMicroelectronics (NYSE:STM) has delivered an average annual return of 14.49% over the past 15 years, outperforming the market by 2.26% annually. A $100 investment in STM 15 years ago would be worth $755.19 today. The company's current market capitalization stands at $40.01 billion.
January 10, 2024 | 7:30 pm
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STMicroelectronics has shown strong long-term performance with a 14.49% average annual return over 15 years, significantly growing a $100 investment to $755.19.
The positive historical performance data of STMicroelectronics over the past 15 years is likely to instill confidence in investors, potentially leading to a short-term increase in the stock price as investors may perceive the company as a strong long-term investment.
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