$100 Invested In This Stock 10 Years Ago Would Be Worth $800 Today
Portfolio Pulse from Benzinga Insights
ON Semiconductor (NASDAQ:ON) has significantly outperformed the market over the past decade, with an annualized return of 23.05%. A $100 investment 10 years ago would now be worth $803.18, highlighting the power of compounded returns.
August 20, 2024 | 8:30 pm
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ON Semiconductor has shown strong performance over the past decade, with an annualized return of 23.05%. A $100 investment 10 years ago would now be worth $803.18, indicating robust growth and the power of compounded returns.
The article highlights ON Semiconductor's strong historical performance, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term. The focus on compounded returns underscores the company's growth potential.
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