Microchip technology MCHP has outperformed the market over the past 10 years by 4.91% on an annualized basis, producing an average annual return of 14.55%. Currently, Microchip Technology has a market capitalization of $44.96 billion.
Buy $1,000 in MCHP: If an investor had bought $1,000 worth of MCHP stock 10 years ago, it would be worth it $3,860.40 today based on a price of $83.10 for MCHP at the time of writing.
Microchip technology performance over the past 10 years
Ultimately, what is all this for? The key takeaway from this article is to note how compounding returns can make a difference in your cash flow growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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