$1000 Invested In Onto Innovation 10 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Onto Innovation (NYSE:ONTO) has significantly outperformed the market over the past decade, with an annualized return of 33.4%. A $1000 investment in ONTO 10 years ago would now be worth $17,753.49, highlighting the power of compounded returns.
August 23, 2024 | 4:31 pm
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Onto Innovation has outperformed the market with a 33.4% annualized return over the past 10 years. A $1000 investment a decade ago would now be worth $17,753.49, showcasing strong growth and the impact of compounded returns.
The article highlights Onto Innovation'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 emphasizes the company's growth potential.
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