Here's How Much $100 Invested In Qualcomm 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Qualcomm (NASDAQ:QCOM) has outperformed the market by 1.65% on an annualized basis, producing an average annual return of 9.37%. If an investor had bought $100 of QCOM stock 20 years ago, it would be worth $593.38 today. The company currently has a market capitalization of $129.52 billion.
August 10, 2023 | 5:30 pm
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POSITIVE IMPACT
Qualcomm has demonstrated strong performance over the past 20 years, outperforming the market and providing a significant return on investment.
The news highlights the strong performance of Qualcomm over the past 20 years, which is likely to boost investor confidence in the stock. This could potentially lead to increased demand for the stock, thereby driving up its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100