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 significantly outperformed the market with an average annual return of 21.47% over the past 10 years, turning a $1000 investment into $7,032.60 today. The company's market capitalization stands at $28.75 billion.
April 12, 2024 | 5:00 pm
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ON Semiconductor has delivered a remarkable average annual return of 21.47% over the past decade, significantly outperforming the market.
The substantial growth in ON Semiconductor's stock value over the past decade, as highlighted by the average annual return of 21.47%, indicates a strong performance that could continue to attract investor interest. This historical performance, coupled with a significant market capitalization of $28.75 billion, suggests a positive outlook for the stock in the short term, assuming market conditions remain favorable and the company maintains its growth trajectory.
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