Wednesday, July 17, 2024

$1,000 Invested in STMicroelectronics 10 Years Ago Would Be Worth Today – STMicroelectronics (NYSE:STM)


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STMicroelectronics STM Has outperformed the market by 6.84% in the last 10 years on an annualized basis, generating 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 at the time of writing the price for STM is based on $44.06.

STMicroelectronics performance over the past 10 years

Finally – what does it all mean? The key insight to take from this article is to note how much difference compound returns can make to your cash growth over time.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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