Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Benzinga Insights

If You Invested $1000 In This Stock 10 Years Ago, Here's How Much You Would Have Today

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.

You can check out Benzinga's market data in an enhanced view on Benzinga Pro

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

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.