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Here's How Much $1000 Invested In Broadcom 10 Years Ago Would Be Worth Today

Broadcom (NASDAQ:AVGO) has outperformed the market over the past 10 years by 19.21% on an annualized basis producing an average annual return of 30.48%. Currently, Broadcom has a market capitalization of $213.74 billion.

Benzinga · 07/27/2022 18:06

Broadcom (NASDAQ:AVGO) has outperformed the market over the past 10 years by 19.21% on an annualized basis producing an average annual return of 30.48%. Currently, Broadcom has a market capitalization of $213.74 billion.

Buying $1000 In AVGO: If an investor had bought $1000 of AVGO stock 10 years ago, it would be worth $14,673.06 today based on a price of $527.79 for AVGO at the time of writing.

Broadcom's Performance Over Last 10 Years

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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.