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If You Invested $100 In This Stock 5 Years Ago, You Would Have $400 Today

Author: Benzinga Insights | May 29, 2024 04:30pm

ON Semiconductor (NASDAQ:ON) has outperformed the market over the past 5 years by 16.82% on an annualized basis producing an average annual return of 30.23%. Currently, ON Semiconductor has a market capitalization of $30.51 billion.

Buying $100 In ON: If an investor had bought $100 of ON stock 5 years ago, it would be worth $392.75 today based on a price of $70.91 for ON at the time of writing.

ON Semiconductor's Performance Over Last 5 Years

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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.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: ON