Here's How Much $1000 Invested In Microchip Technology 10 Years Ago Would Be Worth Today

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.

Buying $1000 In MCHP: If an investor had bought $1000 of MCHP stock 10 years ago, it would be worth $3,860.40 today based on a price of $83.10 for MCHP at the time of writing.

Microchip Technology'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.