$1000 Invested In This Stock 20 Years Ago Would Be Worth $6,200 Today
Portfolio Pulse from Benzinga Insights
Microchip Technology (NASDAQ:MCHP) has outperformed the market over the past 20 years, delivering an average annual return of 9.43%. A $1000 investment in MCHP 20 years ago would be worth $6,189.28 today. The article highlights the power of compounded returns over time.
May 20, 2024 | 9:30 pm
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Microchip Technology has shown strong performance over the past 20 years with an average annual return of 9.43%. A $1000 investment 20 years ago would be worth $6,189.28 today.
The article highlights the long-term performance of Microchip Technology, which may positively influence investor sentiment and attract long-term investors. The historical performance data suggests a strong track record, which is likely to boost short-term stock price.
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