Onto Innovation (NYSE:ONTO) has outperformed the market over the past 15 years by 12.96% on an annualized basis producing an average annual return of 25.8%. Currently, Onto Innovation has a market capitalization of $11.25 billion.
Buying $1000 In ONTO: If an investor had bought $1000 of ONTO stock 15 years ago, it would be worth $31,530.99 today based on a price of $228.39 for ONTO at the time of writing.
Onto Innovation's Performance Over Last 15 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.