Here's How Much $100 Invested In Broadcom 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Broadcom (NASDAQ:AVGO) has produced an average annual return of 36.42%, outperforming the market by 25.95% on an annualized basis. A $100 investment in AVGO a decade ago would now be worth $2,244.06. Broadcom's market capitalization currently stands at $572.02 billion.
January 23, 2024 | 8:37 pm
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Broadcom's stock has significantly outperformed the market with an average annual return of 36.42% over the past decade, turning a $100 investment into $2,244.06 today.
The historical performance data provided for Broadcom is a strong indicator of the company's past success and could positively influence investor sentiment. While past performance is not indicative of future results, such a strong track record over a decade may attract investors looking for proven long-term growth, potentially driving up the stock price in the short term.
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