Here's How Much You Would Have Made Owning Broadcom Stock In The Last 10 Years

Broadcom AVGO has outperformed the market over the past 10 years by 19.96% on an annualized basis.

Buying $100 In AVGO: 10 years ago, an investor could have purchased 2.82 shares of Broadcom at the time with $100. This investment in AVGO would have produced an average annual return of 32.35%. Currently, Broadcom has a market capitalization of $238.47 billion.

Broadcom's Share Price Over Last 10 Years

If you had invested $100 in Broadcom you would have approximately $1,642.70 today.

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.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.