$100 Invested In NXP Semiconductors 10 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, NXP Semiconductors (NASDAQ:NXPI) has produced an average annual return of 15.52%, outperforming the market by 5.13% annually. A $100 investment in NXPI a decade ago would now be worth $418.47, showcasing the impact of compounded returns on investment growth. NXP Semiconductors currently has a market capitalization of $65.30 billion.
April 30, 2024 | 9:00 pm
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NXP Semiconductors has shown significant growth over the past decade with an average annual return of 15.52%, turning a $100 investment into $418.47.
The article highlights NXP Semiconductors' strong performance over the past 10 years, significantly outperforming the market. This historical performance, especially the impressive return on investment, is likely to positively influence investor perception and could lead to increased investor interest in the short term. The mention of a substantial market capitalization further solidifies its standing in the market, potentially making NXPI more attractive to investors looking for proven growth stocks.
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