Benzinga - by Benzinga Insights, Benzinga Staff Writer.
STMicroelectronics (NYSE:STM) has outperformed the market over the past 10 years by 8.42% on an annualized basis producing an average annual return of 17.38%. Currently, STMicroelectronics has a market capitalization of $34.24 billion.
Buying $1000 In STM: If an investor had bought $1000 of STM stock 10 years ago, it would be worth $4,895.73 today based on a price of $37.87 for STM at the time of writing.
STMicroelectronics'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.
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