$1000 Invested In This Stock 10 Years Ago Would Be Worth $8,000 Today
Portfolio Pulse from Benzinga Insights
ON Semiconductor (NASDAQ:ON) has significantly outperformed the market over the past decade, with an annualized return of 23.38%. A $1000 investment in ON 10 years ago would now be worth $8,021.25, highlighting the power of compounded returns.
September 26, 2024 | 4:30 pm
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ON Semiconductor has outperformed the market with a 23.38% annualized return over the past 10 years. A $1000 investment then would be worth $8,021.25 today.
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.
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