$1000 Invested In This Stock 5 Years Ago Would Be Worth $6,400 Today
Portfolio Pulse from Benzinga Insights
Broadcom (NASDAQ:AVGO) has significantly outperformed the market over the past 5 years, with an annualized return of 44.42%. A $1000 investment in AVGO 5 years ago would now be worth $6,431.04, highlighting the power of compounded returns.
October 07, 2024 | 7:00 pm
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Broadcom has outperformed the market with a 44.42% annualized return over the past 5 years. A $1000 investment 5 years ago would now be worth $6,431.04, demonstrating strong growth and the impact of compounded returns.
The article highlights Broadcom's strong performance over the past 5 years, significantly outperforming the market. This positive historical performance is likely to boost investor confidence and could lead to a short-term positive impact on the stock price.
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RELEVANCE 100