$1000 Invested In Marvell Tech 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Marvell Tech (NASDAQ:MRVL) has delivered an average annual return of 25.61% over the past 5 years, outperforming the market by 12.59%. A $1000 investment in MRVL 5 years ago would be worth $3,005.31 today. The company's market capitalization stands at $59.29 billion.
May 14, 2024 | 8:00 pm
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POSITIVE IMPACT
Marvell Tech has significantly outperformed the market with a 25.61% average annual return over the past 5 years, growing a $1000 investment to $3,005.31.
The substantial outperformance of Marvell Tech compared to the market, as evidenced by its 25.61% average annual return over 5 years, highlights the company's strong growth and potential for continued success. This performance, coupled with a significant market capitalization of $59.29 billion, suggests a positive outlook for MRVL's stock in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100