$100 Invested In Broadcom 15 Years Ago Would Be Worth This Much Today
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.
Broadcom's stock has grown much faster than most companies over 15 years, showing it has been a successful business that lots of people wanted to own. When a company grows this strongly for a long time, it hints the business is doing something right, though past success doesn't guarantee what happens next.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.