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Broadcom (NASDAQ:AVGO) has outperformed the market over the past 5 years by 37.92% on an annualized basis producing an average annual return of 50.45%. Currently, Broadcom has a market capitalization of $1.11 trillion.
Buying $1000 In AVGO: If an investor had bought $1000 of AVGO stock 5 years ago, it would be worth $7,707.34 today based on a price of $237.44 for AVGO at the time of writing.
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.
Posted In: AVGO