How much would a $1,000 investment in Broadcom 10 years ago be worth today – Broadcom (NASDAQ:AVGO)

Broadcom AVGO Over the past 10 years, the annualized performance has outperformed the market by 26.06%, with an average annual return rate of 37.28%. Currently, Broadcom has a market capitalization of US$1.12 trillion.

Purchase $1000 in AVGO: If an investor purchased $1,000 of AVGO stock 10 years ago, its value would be $23,662.75 Today based on the price of AVGO at the time of writing this article is $240.00.

Broadcom’s performance over the past 10 years

Finally – what’s the point of all this? The key insight from this article is to note how much impact compounding returns can have on your cash growth over time.

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