$100 Invested In This Stock 5 Years Ago Would Be Worth $200 Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Qualcomm (NASDAQ:QCOM) has delivered an average annual return of 18.33%, outperforming the market by 6.6% on an annualized basis. A $100 investment in QCOM 5 years ago would be worth $232.39 today. Qualcomm's market capitalization currently stands at $148.05 billion.
December 08, 2023 | 7:31 pm
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Qualcomm has significantly outperformed the market with an 18.33% average annual return over the past 5 years, turning a $100 investment into $232.39.
The historical performance of Qualcomm as highlighted in the article suggests strong past growth, which may positively influence investor sentiment and potentially lead to a short-term increase in stock price. 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.
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