Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Qualcomm (NASDAQ:QCOM) has outperformed the market over the past 5 years by 7.7% on an annualized basis producing an average annual return of 20.63%. Currently, Qualcomm has a market capitalization of $219.57 billion.
Buying $100 In QCOM: If an investor had bought $100 of QCOM stock 5 years ago, it would be worth $253.80 today based on a price of $196.75 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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