Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Monolithic Power Systems (NASDAQ:MPWR) has outperformed the market over the past 10 years by 22.73% on an annualized basis producing an average annual return of 32.55%. Currently, Monolithic Power Systems has a market capitalization of $27.50 billion.
Buying $1000 In MPWR: If an investor had bought $1000 of MPWR stock 10 years ago, it would be worth $16,938.33 today based on a price of $574.04 for MPWR at the time of writing.
Monolithic Power Systems'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.
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