Here's How Much You Would Have Made Owning NXP Semiconductors Stock In The Last 10 Years
Portfolio Pulse from Benzinga Insights
NXP Semiconductors (NASDAQ:NXPI) has delivered an average annual return of 15.88% over the past 10 years, outperforming the market by 5.24%. A $100 investment in NXPI a decade ago would be worth $438.98 today. The company's current market capitalization stands at $65.76 billion.
March 12, 2024 | 4:00 pm
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NXP Semiconductors has shown a strong performance over the past decade with an average annual return of 15.88%, significantly outperforming the market.
The historical performance of NXP Semiconductors, as highlighted by the average annual return of 15.88% over the past 10 years, suggests a strong track record. This performance, coupled with the current market capitalization of $65.76 billion, indicates a robust financial position and a potentially positive outlook for NXPI's stock in the short term. The significant outperformance compared to the market average underscores the company's competitive edge and operational efficiency, which are likely to continue driving investor interest and positive sentiment towards NXPI's stock.
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IMPORTANCE 90
RELEVANCE 100