Here's How Much You Would Have Made Owning Marvell Tech Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Marvell Tech (NASDAQ:MRVL) has delivered an average annual return of 8.91% over the past 20 years, outperforming the market by 1.42% annually. A $100 investment in MRVL stock 20 years ago would be worth $528.76 today. The company's current market capitalization stands at $43.96 billion.
December 06, 2023 | 8:00 pm
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Marvell Tech's stock has shown strong long-term performance with an average annual return of 8.91% over 20 years, significantly compounding initial investments.
The positive historical performance data of Marvell Tech over the last 20 years is likely to instill investor confidence and could attract long-term investors, potentially leading to a short-term positive sentiment. However, past performance is not always indicative of future results, and investors may also consider other current market conditions and company fundamentals before making investment decisions.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100