If You Invested $1000 In Broadcom Stock 15 Years Ago, You Would Have This Much Today

Broadcom (NASDAQ:AVGO) has outperformed the market over the past 15 years by 23.1% on an annualized basis producing an average annual return of 36.5%. Currently, Broadcom has a market capitalization of $1.68 trillion.

Buying $1000 In AVGO: If an investor had bought $1000 of AVGO stock 15 years ago, it would be worth $110,479.88 today based on a price of $359.20 for AVGO at the time of writing.

Broadcom’s Performance Over Last 15 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.