Qualcomm (NASDAQ:QCOM) has outperformed the market over the past 5 years by 11.36% on an annualized basis.
Buying $1,000 In QCOM: 5 years ago, an investor could have purchased 17.63 shares of Qualcomm at the time with $1,000. This investment in QCOM would have produced an average annual return of 23.97%. Currently, Qualcomm has a market capitalization of $186.40 billion.
Qualcomm's Share Price Over Last 5 Years
If you had invested $1,000 in Qualcomm you would have approximately $2,915.21 today.
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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
