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If You Invested $1000 In This Stock 15 Years Ago, You Would Have This Much Today - Broadcom (NASDAQ:AVGO)

By Benzinga Insights

If You Invested $1000 In This Stock 15 Years Ago, You Would Have This Much Today - Broadcom (NASDAQ:AVGO)

Broadcom AVGO has outperformed the market over the past 15 years by 26.98% on an annualized basis producing an average annual return of 39.48%. Currently, Broadcom has a market capitalization of $1.45 trillion.

Buying $1000 In AVGO: If an investor had bought $1000 of AVGO stock 15 years ago, it would be worth $146,627.08 today based on a price of $308.00 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.

AVGOBroadcom Inc$308.002.58%Stock Score Locked: Want to See it?

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Reveal Full ScoreEdge RankingsMomentum91.88Growth34.75Quality89.06Value9.73Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs

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