Wolfspeed WOLF has outperformed the market over the past 15 years by 2.0% on an annualized basis producing an average annual return of 8.41%. Currently, Wolfspeed has a market capitalization of $10.92 billion.
Buying $1000 In WOLF: If an investor had bought $1000 of WOLF stock 15 years ago, it would be worth $3,206.66 today based on a price of $87.96 for WOLF at the time of writing.
Wolfspeed'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.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.