Onto Innovation (NYSE:ONTO) has outperformed the market over the past 10 years by 21.9% on an annualized basis producing an average annual return of 32.48%. Currently, Onto Innovation has a market capitalization of $9.84 billion.
Buying $100 In ONTO: If an investor had bought $100 of ONTO stock 10 years ago, it would be worth $1,658.07 today based on a price of $199.79 for ONTO at the time of writing.
Onto Innovation's Performance Over Last 10 Years
![1723582870_0.png](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240814/42286295-0-4a1468d875c4895c556c174a91d6ccdd.png/big)
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.