Here's How Much $1000 Invested In Broadcom 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Broadcom (NASDAQ:AVGO) has significantly outperformed the market over the past decade, with an annualized return of 36.18%. A $1000 investment in AVGO 10 years ago would now be worth $21,981. This highlights the power of compounded returns.
August 20, 2024 | 6:30 pm
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Broadcom has outperformed the market with a 36.18% annualized return over the past 10 years, turning a $1000 investment into $21,981. This demonstrates the power of compounded returns.
The article highlights Broadcom's strong historical performance, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
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