$100 Invested In This Stock 5 Years Ago Would Be Worth $200 Today
Portfolio Pulse from Benzinga Insights
Microchip Technology (NASDAQ:MCHP) has delivered an average annual return of 15.39% over the past 5 years, outperforming the market by 2.55% annually. A $100 investment in MCHP 5 years ago would be worth $205.15 today. The company's market capitalization stands at $48.41 billion.
March 29, 2024 | 3:30 pm
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Microchip Technology has shown significant growth over the past 5 years, with a $100 investment now worth $205.15, reflecting an average annual return of 15.39%.
The substantial growth in Microchip Technology's stock value over the past 5 years, outperforming the market, indicates a strong performance and potential for continued positive momentum. This historical performance, coupled with a significant market capitalization, suggests a positive outlook for MCHP in the short term.
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IMPORTANCE 90
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