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Benzinga
Benzinga
Business
Benzinga Insights

If You Invested $100 In This Stock 20 Years Ago, You Would Have $900 Today

Qualcomm (NASDAQ:QCOM) has outperformed the market over the past 20 years by 4.48% on an annualized basis producing an average annual return of 11.56%. Currently, Qualcomm has a market capitalization of $137.55 billion.

Buying $100 In QCOM: If an investor had bought $100 of QCOM stock 20 years ago, it would be worth $904.20 today based on a price of $122.81 for QCOM at the time of writing.

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