Here's How Much $100 Invested In Onto Innovation 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Onto Innovation (NYSE:ONTO) has significantly outperformed the market with an annualized return of 31.63% over the past 5 years, resulting in an average annual return of 42.95%. A $100 investment in ONTO 5 years ago would now be worth $597.58, showcasing the impact of compounded returns on investment growth. Onto Innovation currently holds a market capitalization of $8.95 billion.
April 17, 2024 | 9:00 pm
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Onto Innovation has demonstrated exceptional performance with a 42.95% average annual return over the past 5 years, significantly outpacing the market.
The substantial outperformance of Onto Innovation compared to the market, as evidenced by its 42.95% average annual return and the growth of a $100 investment to $597.58, highlights the company's strong market position and potential for continued growth. This performance is likely to attract investor attention and could lead to a positive short-term impact on ONTO's stock price.
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RELEVANCE 100