$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,900 Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Qualcomm (NASDAQ:QCOM) has significantly outperformed the market, with an annualized return of 23.74%, turning a $1000 investment into $2,903.23. Qualcomm's market capitalization stands at $167.14 billion.
February 13, 2024 | 4:30 pm
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Qualcomm has demonstrated strong performance over the past 5 years, with an impressive annualized return of 23.74%, significantly outperforming the market.
The significant outperformance of Qualcomm over the past 5 years, as indicated by its 23.74% annualized return, suggests a strong positive impact on investor sentiment and potentially its stock price in the short term. The historical performance, coupled with the high market capitalization, underscores the company's robust position in the market, likely attracting more investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100