Here's How Much You Would Have Made Owning ON Semiconductor Stock In The Last 10 Years
Portfolio Pulse from Benzinga Insights
ON Semiconductor (NASDAQ:ON) has delivered an average annual return of 23.0% over the past 10 years, outperforming the market by 12.49% on an annualized basis. With a current market capitalization of $32.03 billion, a $100 investment in ON stock 10 years ago would be worth $785.62 today.
March 15, 2024 | 8:30 pm
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POSITIVE IMPACT
ON Semiconductor has shown remarkable performance over the past decade with an average annual return of 23.0%, significantly outperforming the market.
The significant outperformance of ON Semiconductor over the past decade, as highlighted by its 23.0% average annual return and the substantial growth of a $100 investment into $785.62, underscores the company's strong market position and potential for continued growth. This historical performance is likely to positively influence investor sentiment and could lead to increased demand for ON shares in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100