Here's How Much $1000 Invested In Qualcomm 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Qualcomm (NASDAQ:QCOM) has produced an average annual return of 20.46%, outperforming the market by 8.13% on an annualized basis. A $1000 investment in QCOM 5 years ago would be worth $2,559.80 today. Qualcomm's market capitalization currently stands at $155.50 billion.
January 15, 2024 | 2:31 pm
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Qualcomm has significantly outperformed the market with a 20.46% average annual return over the past 5 years, turning a $1000 investment into $2,559.80.
The article highlights Qualcomm's strong performance over the past 5 years, which is likely to instill investor confidence and could lead to a positive short term impact on the stock price. The historical performance data provided is a testament to the company's growth and may attract new investors looking for proven returns.
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