$1000 Invested In This Stock 10 Years Ago Would Be Worth $11,000 Today
Portfolio Pulse from Benzinga Insights
Over the past decade, Fabrinet (NYSE:FN) has significantly outperformed the market, yielding an average annual return of 26.69%. A $1000 investment in FN 10 years ago would now be worth $10,761.58. Fabrinet's market capitalization stands at $7.12 billion.
February 22, 2024 | 6:30 pm
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POSITIVE IMPACT
Fabrinet has delivered an impressive average annual return of 26.69% over the past decade, turning a $1000 investment into $10,761.58.
The significant outperformance of Fabrinet in the market over the past 10 years, with an average annual return of 26.69%, indicates a strong and consistent growth trajectory. This historical performance, coupled with a substantial market capitalization of $7.12 billion, suggests a positive outlook for FN's stock in the short term. Investors may view this track record as a sign of the company's robust financial health and potential for continued growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100