$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,100 Today
Portfolio Pulse from Benzinga Insights
$1000 invested in Qualcomm (NASDAQ:QCOM) 5 years ago would now be worth $2,133.15, showcasing an average annual return of 16.9% and outperforming the market by 3.89% annually. Qualcomm's current market capitalization stands at $204.35 billion.
May 07, 2024 | 2:32 pm
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Qualcomm has demonstrated significant growth over the past 5 years, with a $1000 investment growing to $2,133.15, reflecting an annual return of 16.9%.
The substantial growth in Qualcomm's stock value over the past 5 years, significantly outperforming the market, indicates a strong positive trend for the company. This performance, coupled with a high market capitalization, suggests a robust financial health and potential for continued growth, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100