Here's How Much You Would Have Made Owning Qualcomm Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Qualcomm (NASDAQ:QCOM) has produced an average annual return of 9.2%, outperforming the market by 1.7% annually. A $100 investment in QCOM stock two decades ago would be worth $582.77 today. Qualcomm's market capitalization currently stands at $143.91 billion.
November 20, 2023 | 3:30 pm
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POSITIVE IMPACT
Qualcomm has demonstrated strong long-term performance with an average annual return of 9.2% over the past 20 years, significantly outpacing the market.
The historical performance data provided for Qualcomm indicates a strong track record of growth over the past two decades. This information could positively influence investor sentiment and potentially lead to an increase in stock price in the short term as it underscores the company's ability to deliver consistent returns over a long period.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100