If You Invested $100 In This Stock 5 Years Ago, You Would Have $300 Today

Microchip Technology MCHP has outperformed the market over the past 5 years by 19.3% on an annualized basis producing an average annual return of 26.94%. Currently, Microchip Technology has a market capitalization of $43.58 billion.

Buying $100 In MCHP: If an investor had bought $100 of MCHP stock 5 years ago, it would be worth $336.87 today based on a price of $79.56 for MCHP at the time of writing.

Microchip Technology's Performance Over Last 5 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.