STMicroelectronics (NYSE:STM) has outperformed the market over the past 10 years by 6.84% on an annualized basis producing an average annual return of 16.58%. Currently, STMicroelectronics has a market capitalization of $39.67 billion.
Buying $1000 In STM: If an investor had bought $1000 of STM stock 10 years ago, it would be worth $4,732.55 today based on a price of $44.06 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.