SPY396.92+7.29 1.87%
DIA318.84+6.42 2.05%
IXIC11,535.28+180.66 1.59%

If You Invested $100 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 21.1% on an annualized basis producing an average annual return of 32.77%. Currently, Broadcom has a market capitalization of $231.91 billion.

Benzinga · 04/29/2022 11:31

Broadcom (NASDAQ:AVGO) has outperformed the market over the past 10 years by 21.1% on an annualized basis producing an average annual return of 32.77%. Currently, Broadcom has a market capitalization of $231.91 billion.

Buying $100 In AVGO: If an investor had bought $100 of AVGO stock 10 years ago, it would be worth $1,633.19 today based on a price of $568.02 for AVGO at the time of writing.

Broadcom's Performance Over Last 10 Years

comp_fig

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.