Broadcom (NASDAQ:AVGO) has outperformed the market over the past 15 years by 23.6% on an annualized basis producing an average annual return of 35.67%. Currently, Broadcom has a market capitalization of $731.65 billion.
Buying $100 In AVGO: If an investor had bought $100 of AVGO stock 15 years ago, it would be worth $9,715.70 today based on a price of $157.18 for AVGO at the time of writing.
Broadcom's Performance Over Last 15 Years
![1721833219_0.png](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240724/41199497-0-c2b3ae35424bf5ff44de4a8429a94536.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.