Here's How Much You Would Have Made Owning Broadcom Stock In The Last 10 Years
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Broadcom (NASDAQ:AVGO) has produced an average annual return of 34.57%, outperforming the market by 24.6% on an annualized basis. A $100 investment in AVGO a decade ago would be worth $2,044.99 today. Broadcom's market capitalization currently stands at $503.95 billion. The article highlights the impact of compounded returns on investment growth over time.
January 10, 2024 | 6:00 pm
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Broadcom's stock has significantly outperformed the market with an average annual return of 34.57% over the past 10 years, turning a $100 investment into $2,044.99 today.
The historical performance data provided for Broadcom is likely to instill confidence in investors about the company's past success and could lead to a positive sentiment in the short term. 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 80
RELEVANCE 100