If You Invested $1000 In Semtech Stock 10 Years Ago, You Would Have This Much Today
Semtech (NASDAQ:SMTC) has outperformed the market over the past 10 years by 3.58% on an annualized basis producing an average annual return of 16.91%. Currently, Semtech has a market capitalization of $12.30 billion.
Semtech's stock grew faster than the overall market over ten years, earning about 17% per year on average. When you see a company do this for a long time, it hints the business has been making smart decisions and people trust it.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.