If You Invested $1000 In Broadcom Stock 15 Years Ago, You Would Have This Much Today
Broadcom (NASDAQ:AVGO) has outperformed the market over the past 15 years by 23.1% on an annualized basis producing an average annual return of 36.5%. Currently, Broadcom has a market capitalization of $1.68 trillion.
Broadcom's stock grew much faster than most companies over the past 15 years, turning $1000 into a lot more money. When a company does this well for this long, it shows people trust it to keep making good products and money—but past success doesn't promise 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.