Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Onto Innovation (NYSE:ONTO) has outperformed the market over the past 5 years by 33.61% on an annualized basis producing an average annual return of 46.33%. Currently, Onto Innovation has a market capitalization of $10.28 billion.
Buying $1000 In ONTO: If an investor had bought $1000 of ONTO stock 5 years ago, it would be worth $6,933.31 today based on a price of $208.60 for ONTO at the time of writing.
Onto Innovation's Performance Over Last 5 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.
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