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 15.44% over the past 10 years, outperforming the market by 4.62%. A $100 investment in NXPI a decade ago would be worth $429.34 today. The company's current market capitalization stands at $62.10 billion.
April 10, 2024 | 7:30 pm
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NXP Semiconductors has shown a strong performance over the past decade with an average annual return of 15.44%, significantly outperforming the market.
The article highlights NXP Semiconductors' exceptional performance over the last 10 years, indicating a strong and consistent growth trajectory. This historical performance, especially the significant outperformance compared to the market, suggests a positive outlook for NXPI in the short term. Investors might view this track record as a sign of the company's robust fundamentals and potential for continued growth, potentially driving up demand for NXPI shares.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100