If You Invested $1000 In This Stock 20 Years Ago, You Would Have $5,400 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Qualcomm (NASDAQ:QCOM) has delivered an average annual return of 8.71%, outperforming the market by 1.2% annually. A $1000 investment in QCOM 20 years ago would be worth $5,409.83 today. Qualcomm's market capitalization currently stands at $170.43 billion.
January 22, 2024 | 9:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Qualcomm has provided strong returns over the past 20 years, with a $1000 investment growing to $5,409.83, reflecting an 8.71% average annual return.
The historical performance of Qualcomm is impressive and demonstrates the value of long-term investing. However, past performance is not indicative of future results, and this retrospective analysis may not have a direct short-term impact on the stock price. The information is more relevant for investors considering the long-term track record of the company rather than short-term trading.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100