If You Invested $100 In This Stock 10 Years Ago, You Would Have $1,300 Today

If You Invested $100 In This Stock 10 Years Ago, You Would Have $1,300 Today

Broadcom AVGO has outperformed the market over the past 10 years by 20.04% on an annualized basis producing an average annual return of 29.82%. Currently, Broadcom has a market capitalization of $185.00 billion.

Buying $100 In AVGO: If an investor had bought $100 of AVGO stock 10 years ago, it would be worth $1,348.23 today based on a price of $456.78 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.

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