Here's How Much $1000 Invested In Microchip Technology 15 Years Ago Would Be Worth Today

Microchip Technology MCHP has outperformed the market over the past 15 years by 3.47% on an annualized basis producing an average annual return of 15.54%. Currently, Microchip Technology has a market capitalization of $51.05 billion.

Buying $1000 In MCHP: If an investor had bought $1000 of MCHP stock 15 years ago, it would be worth $8,745.74 today based on a price of $95.08 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.