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$1000 Invested In This Stock 10 Years Ago Would Be Worth $7,700 Today

Author: Benzinga Insights | July 02, 2024 11:30am

ON Semiconductor (NASDAQ:ON) has outperformed the market over the past 10 years by 12.02% on an annualized basis producing an average annual return of 22.79%. Currently, ON Semiconductor has a market capitalization of $30.81 billion.

Buying $1000 In ON: If an investor had bought $1000 of ON stock 10 years ago, it would be worth $7,741.62 today based on a price of $71.61 for ON at the time of writing.

ON Semiconductor's Performance Over Last 10 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