$1000 Invested In This Stock 20 Years Ago Would Be Worth $6,000 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 9.37%. A $1000 investment in MCHP 20 years ago would be worth $6,042.80 today. The article highlights the power of compounded returns over time.
July 24, 2024 | 8:00 pm
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Microchip Technology has shown strong performance over the past 20 years, with an average annual return of 9.37%. A $1000 investment 20 years ago would now be worth $6,042.80.
The article highlights the long-term performance of Microchip Technology, which has outperformed the market. This positive historical performance can boost investor confidence and potentially drive short-term buying interest.
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