$1000 Invested In This Stock 10 Years Ago Would Be Worth $8,000 Today

ON Semiconductor ON has outperformed the market over the past 10 years by 11.99% on an annualized basis producing an average annual return of 23.38%. Currently, ON Semiconductor has a market capitalization of $30.94 billion.

Buying $1000 In ON: If an investor had bought $1000 of ON stock 10 years ago, it would be worth $8,021.25 today based on a price of $72.23 for ON at the time of writing.

ON Semiconductor's Performance Over Last 10 Years

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.