$100 Invested In This Stock 20 Years Ago Would Be Worth $600 Today

Qualcomm QCOM has outperformed the market over the past 20 years by 1.8% on an annualized basis producing an average annual return of 9.45%. Currently, Qualcomm has a market capitalization of $134.96 billion.

Buying $100 In QCOM: If an investor had bought $100 of QCOM stock 20 years ago, it would be worth $611.32 today based on a price of $120.39 for QCOM at the time of writing.

Qualcomm's Performance Over Last 20 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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