If You Invested $1000 In This Stock 20 Years Ago, You Would Have $5,900 Today
Portfolio Pulse from Benzinga Insights
Marvell Tech (NASDAQ:MRVL) has delivered an average annual return of 9.19% over the past 20 years, turning a $1000 investment into $5,862.96 today. With a current market capitalization of $54.76 billion, the company has outperformed the market by 1.83% on an annualized basis.
January 09, 2024 | 4:30 pm
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NEUTRAL IMPACT
Marvell Tech (MRVL) has shown strong long-term performance with a 9.19% average annual return over 20 years, significantly outperforming the market.
The historical performance data of Marvell Tech is a reflection of past success and does not necessarily predict future results. However, the strong past performance may positively influence investor perception in the short term, potentially supporting the stock price. The impact score is neutral (0) because the information is backward-looking and may already be priced in by the market.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100