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

Onto Innovation ONTO has outperformed the market over the past 15 years by 16.84% on an annualized basis producing an average annual return of 30.9%. Currently, Onto Innovation has a market capitalization of $8.74 billion.

Buying $100 In ONTO: If an investor had bought $100 of ONTO stock 15 years ago, it would be worth $5,299.32 today based on a price of $178.15 for ONTO at the time of writing.

Onto Innovation'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.