Here's How Much $1000 Invested In Microchip Technology 15 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Microchip Technology (NASDAQ:MCHP) has outperformed the market over the past 15 years, delivering an average annual return of 15.54%. A $1000 investment in MCHP 15 years ago would be worth $8,745.74 today. The article highlights the power of compounded returns over time.
May 31, 2024 | 3:00 pm
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Microchip Technology has significantly outperformed the market over the past 15 years, with an average annual return of 15.54%. A $1000 investment 15 years ago would now be worth $8,745.74.
The article highlights the strong historical performance of MCHP, which is likely to positively influence investor sentiment and potentially drive short-term price appreciation.
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