Here's How Much You Would Have Made Owning Fabrinet Stock In The Last 10 Years
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Fabrinet (NYSE:FN) has delivered an average annual return of 23.46%, outperforming the market by 12.75% on an annualized basis. With a current market capitalization of $6.30 billion, an initial investment of $1000 in FN stock would have grown to $8,379.34 today.
April 12, 2024 | 2:00 pm
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POSITIVE IMPACT
Fabrinet has shown remarkable growth over the past decade with an average annual return of 23.46%, significantly outperforming the market.
The substantial average annual return of 23.46% over a decade indicates strong performance and growth potential for Fabrinet. This historical performance, coupled with a significant outperformance of the market, suggests a positive outlook for FN stock in the short term. The increase in value of an initial $1000 investment to $8,379.34 today highlights the stock's strong return on investment.
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