• Wed. Apr 17th, 2024

Here’s How Much You Would Have Made Owning Qualcomm Stock In The Last 5 Years – Qualcomm (NASDAQ:QCOM)

ByBenzinga Insights

Mar 31, 2023
Where Nevro Stands With Analysts

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Qualcomm QCOM has outperformed the market over the past 5 years by 8.98% on an annualized basis producing an average annual return of 18.42%. Currently, Qualcomm has a market capitalization of $142.25 billion.

Buying $1000 In QCOM: If an investor had bought $1000 of QCOM stock 5 years ago, it would be worth $2,370.93 today based on a price of $127.58 for QCOM at the time of writing.

Qualcomm’s Performance Over Last 5 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.

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Image and article originally from www.benzinga.com. Read the original article here.