Here's how much you'd have made owning Qualcomm stock over the past 5 years
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 cap of $142.25 billion.
Buy $1,000 in QCOM: If an investor bought $1,000 worth 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 performance over the past 5 yearsFinally -- what's the point of all this? The key takeaway from this article is to note the difference compounding returns can make in your cash flow growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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 cap of $142.25 billion.
Buy $1,000 in QCOM: If an investor bought $1,000 worth 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 performance over the past 5 yearsFinally -- what's the point of all this? The key takeaway from this article is to note the difference compounding returns can make in your cash flow growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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