$100 Invested In Broadcom 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Broadcom (NASDAQ:AVGO) has produced an average annual return of 32.35%, outperforming the market by 20.72%. A $100 investment in AVGO 5 years ago would be worth $408.37 today. Broadcom's market capitalization currently stands at $483.99 billion.
December 04, 2023 | 2:00 pm
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Broadcom's stock has significantly outperformed the market with a 32.35% average annual return over the past 5 years, with a $100 investment growing to $408.37.
The historical performance of Broadcom is a strong indicator of the company's growth and its ability to deliver substantial returns to investors. This track record may continue to attract investors, potentially driving the stock price up in the short term.
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