If You Invested $1000 In This Stock 10 Years Ago, You Would Have $3,200 Today
Portfolio Pulse from Benzinga Insights
Microchip Technology (NASDAQ:MCHP) has delivered an average annual return of 12.11% over the past 10 years, outperforming the market by 1.4% annually. A $1000 investment in MCHP 10 years ago would be worth $3,158.14 today.
September 12, 2024 | 4:32 pm
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Microchip Technology has shown strong performance over the past decade, with an average annual return of 12.11%, outperforming the market. A $1000 investment 10 years ago would now be worth $3,158.14.
The article highlights Microchip Technology's strong historical performance, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
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