Broadcom (NASDAQ:AVGO) has outperformed the market over the past 15 years by 24.09% on an annualized basis producing an average annual return of 36.22%. Currently, Broadcom has a market capitalization of $1.78 trillion.
Buying $100 In AVGO: If an investor had bought $100 of AVGO stock 15 years ago, it would be worth $10,478.25 today based on a price of $378.01 for AVGO at the time of writing.
Broadcom’s Performance Over Last 15 Years
Finally -- what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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