Here's How Much You Would Have Made Owning Microchip Technology Stock In The Last 15 Years

Microchip Technology (NASDAQ:MCHP) has outperformed the market over the past 15 years by 3.84% on an annualized basis producing an average annual return of 15.27%. Currently, Microchip Technology has a market capitalization of $45.19 billion.

Buying $100 In MCHP: If an investor had bought $100 of MCHP stock 15 years ago, it would be worth $858.48 today based on a price of $83.53 for MCHP at the time of writing.

Microchip Technology's Performance Over Last 15 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.