$1000 Invested In Broadcom 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Broadcom (NASDAQ:AVGO) has outperformed the market over the past 5 years by 22.57% on an annualized basis, producing an average annual return of 31.46%. If an investor had bought $1000 of AVGO stock 5 years ago, it would be worth $3,937.09 today.
August 29, 2023 | 2:01 pm
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POSITIVE IMPACT
Broadcom's stock has shown strong performance over the past 5 years, outperforming the market by 22.57% on an annualized basis.
The news highlights the strong performance of Broadcom's stock over the past 5 years, which has outperformed the market by 22.57% on an annualized basis. This positive performance is likely to boost investor confidence in the stock, potentially leading to increased demand and upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100