ON Semiconductor (NASDAQ:ON) has outperformed the market over the past 10 years by 9.8% on an annualized basis producing an average annual return of 21.39%. Currently, ON Semiconductor has a market capitalization of $28.58 billion.

Buying $100 In ON: If an investor had bought $100 of ON stock 10 years ago, it would be worth $701.62 today based on a price of $67.11 for ON at the time of writing.

ON Semiconductor'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.

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