Here's How Much You Would Have Made Owning Microchip Technology Stock In The Last 20 Years

Microchip Technology MCHP has outperformed the market over the past 20 years by 2.17% on an annualized basis producing an average annual return of 10.23%. Currently, Microchip Technology has a market capitalization of $49.39 billion.

Buying $100 In MCHP: If an investor had bought $100 of MCHP stock 20 years ago, it would be worth $686.28 today based on a price of $91.39 for MCHP at the time of writing.

Microchip Technology's Performance Over Last 20 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.