ON semiconductor ON has outperformed the market by 4.92% on an annualized basis over the past 15 years and has produced a compound annual return of 11.64%. Currently, ON Semiconductor has a market cap of $25.26 billion.
Purchase of $1000 in ON: If an investor bought $1,000 worth of ON stock 15 years ago, it would be worth it $5,044.23 today based on a price of $58.15 for ON at the time of writing.
ON Semiconductor’s performance over the past 15 years
Finally – what is all this? The most important takeaway to take from this article is how much of a difference compound returns can make in your cash growth over a period of time.
This article was created by Benzinga’s automated content engine and reviewed by an editor.
[ad_2]
Source story