Broadcom AVGO has outperformed the market over the past 10 years by 19.46% on an annualized basis producing an average annual return of 30.58%. Currently, Broadcom has a market capitalization of $209.54 billion.
Buying $100 In AVGO: If an investor had bought $100 of AVGO stock 10 years ago, it would be worth $1,441.63 today based on a price of $517.40 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.
Image and article originally from www.benzinga.com. Read the original article here.