Qualcomm (NASDAQ:QCOM) has outperformed the market over the past 5 years by 7.55% on an annualized basis producing an average annual return of 20.48%. Currently, Qualcomm has a market capitalization of $214.77 billion.
Buying $100 In QCOM: If an investor had bought $100 of QCOM stock 5 years ago, it would be worth $247.74 today based on a price of $192.45 for QCOM at the time of writing.
Qualcomm's Performance Over Last 5 Years
![1721406616_0.png](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240720/41010454-0-31f7d8c2129e8d11bf48ebce45a27ed5.png/big)
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.