If You Invested $1000 In This Stock 10 Years Ago, You Would Have $19,000 Today

Onto Innovation ONTO has outperformed the market over the past 10 years by 22.44% on an annualized basis producing an average annual return of 34.04%. Currently, Onto Innovation has a market capitalization of $10.10 billion.

Buying $1000 In ONTO: If an investor had bought $1000 of ONTO stock 10 years ago, it would be worth $18,894.52 today based on a price of $204.95 for ONTO at the time of writing.

Onto Innovation's Performance Over Last 10 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.