$100 Invested In Fabrinet 10 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past decade, Fabrinet (NYSE:FN) has significantly outperformed the market, yielding an average annual return of 24.65%. A $100 investment in FN 10 years ago would now be worth $912.90. Fabrinet's market capitalization currently stands at $6.73 billion.
April 02, 2024 | 8:30 pm
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POSITIVE IMPACT
Fabrinet has delivered an impressive average annual return of 24.65% over the past decade, with a $100 investment growing to $912.90.
The significant outperformance of Fabrinet in the market over the past decade, as highlighted by its 24.65% average annual return, suggests a strong and consistent growth trajectory. This historical performance, coupled with a substantial market capitalization of $6.73 billion, indicates a positive outlook for FN's stock in the short term. Investors and potential investors are likely to view this track record favorably, potentially driving up demand for FN shares.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100