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 outperformed the market with an annualized return of 23.78%, turning a $1000 investment into $2,896.08 today. Qualcomm's market capitalization stands at $185.19 billion.
March 19, 2024 | 4:31 pm
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Qualcomm has seen a significant return of 23.78% annually over the past 5 years, with a $1000 investment growing to $2,896.08.
The article highlights Qualcomm's strong performance over the past 5 years, significantly outperforming the market. This historical performance, especially with a high annualized return rate, suggests a positive outlook for Qualcomm's stock in the short term, assuming market conditions remain favorable.
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