$100 Invested In This Stock 15 Years Ago Would Be Worth This Much Today

    Date:

    Broadcom AVGO has outperformed the market over the past 15 years by 26.51% on an annualized basis producing an average annual return of 38.62%. Currently, Broadcom has a market capitalization of $1.09 trillion.

    Buying $100 In AVGO: If an investor had bought $100 of AVGO stock 15 years ago, it would be worth $13,431.70 today based on a price of $232.61 for AVGO at the time of writing.

    Broadcom’s Performance Over Last 15 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.

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