If You Invested $100 In This Stock 15 Years Ago, You Would Have $400 Today

If You Invested $100 In This Stock 15 Years Ago, You Would Have $400 Today

 

Qualcomm QCOM has outperformed the market over the past 15 years by 2.4% on an annualized basis producing an average annual return of 9.9%. Currently, Qualcomm has a market capitalization of $170.84 billion.

Buying $100 In QCOM: If an investor had bought $100 of QCOM stock 15 years ago, it would be worth $406.55 today based on a price of $152.13 for QCOM at the time of writing.

Qualcomm's Performance Over Last 15 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.

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