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Benzinga
Benzinga
Business
Benzinga Insights

If You Invested $1000 In This Stock 5 Years Ago, Here's How Much You Would Have Today

Qualcomm (NASDAQ:QCOM) has outperformed the market over the past 5 years by 11.9% on an annualized basis.

Buying $1,000 In QCOM: 5 years ago, an investor could have purchased 17.72 shares of Qualcomm at the time with $1,000. This investment in QCOM would have produced an average annual return of 24.62%. Currently, Qualcomm has a market capitalization of $191.24 billion.

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