ON Semiconductor (NASDAQ:ON) has outperformed the market over the past 10 years by 5.63% on an annualized basis.
Buying $1,000 In ON: 10 years ago, an investor could have purchased 87.11 shares of ON Semiconductor at the time with $1,000. This investment in ON would have produced an average annual return of 17.28%. Currently, ON Semiconductor has a market capitalization of $24.45 billion.
ON Semiconductor's Share Price Over Last 10 Years
This $1,000 investment would be worth $4,925.09 today based on a price of $56.54 for ON at the time of writing.
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
