Marvell Tech (NASDAQ:MRVL) has outperformed the market over the past 15 years by 1.48% on an annualized basis producing an average annual return of 8.67%. Currently, Marvell Tech has a market capitalization of $51.95 billion.
Buying $1000 In MRVL: If an investor had bought $1000 of MRVL stock 15 years ago, it would be worth $3,584.21 today based on a price of $61.28 for MRVL at the time of writing.
Marvell Tech'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.