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

ON Semiconductor ON has outperformed the market over the past 10 years by 7.06% on an annualized basis producing an average annual return of 18.47%. Currently, ON Semiconductor has a market capitalization of $23.29 billion.

Buying $1000 In ON: If an investor had bought $1000 of ON stock 10 years ago, it would be worth $5,376.97 today based on a price of $54.71 for ON at the time of writing.

ON Semiconductor'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.