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Benzinga
Benzinga
Business
Benzinga Insights

$1000 Invested In This Stock 20 Years Ago Would Be Worth $8,600 Today

Marvell Tech (NASDAQ:MRVL) has outperformed the market over the past 20 years by 4.75% on an annualized basis producing an average annual return of 11.61%. Currently, Marvell Tech has a market capitalization of $41.24 billion.

Buying $1000 In MRVL: If an investor had bought $1000 of MRVL stock 20 years ago, it would be worth $8,568.65 today based on a price of $48.52 for MRVL at the time of writing.

Marvell Tech'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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