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Benzinga
Benzinga
Business
Benzinga Insights

If You Invested $1000 In Broadcom 10 Years Ago, Here's How Much You Would Have Today

Broadcom (NASDAQ:AVGO) has outperformed the market over the past 10 years by 19.84% on an annualized basis producing an average annual return of 31.2%. Currently, Broadcom has a market capitalization of $212.57 billion.

Buying $1000 In AVGO: If an investor had bought $1000 of AVGO stock 10 years ago, it would be worth $15,113.13 today based on a price of $520.65 for AVGO at the time of writing.

Broadcom's Performance Over Last 10 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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