Here's How Much You Would Have Made Owning ON Semiconductor Stock In The Last 5 Years
Portfolio Pulse from Benzinga Insights
ON Semiconductor (NASDAQ:ON) has significantly outperformed the market in the last 5 years, with an annualized return of 27.84%, growing a $1000 investment to $3,477.56. The company's market capitalization stands at $32.46 billion.
February 06, 2024 | 6:30 pm
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ON Semiconductor has delivered a remarkable annualized return of 27.84% over the past 5 years, significantly outperforming the market.
The substantial growth in ON Semiconductor's stock value over the past 5 years, as highlighted by the annualized return of 27.84% and the tripling of a $1000 investment, underscores the company's strong performance and potential for continued growth. This positive historical performance is likely to attract investor attention and could lead to increased demand for ON shares in the short term, potentially driving the price up.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100