Qualcomm (NASDAQ:QCOM) has outperformed the market over the past 20 years by 4.99% on an annualized basis producing an average annual return of 11.87%. Currently, Qualcomm has a market capitalization of $139.00 billion.
Buying $1000 In QCOM: If an investor had bought $1000 of QCOM stock 20 years ago, it would be worth $9,264.93 today based on a price of $124.11 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.
