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Here's How Much You Would Have Made Owning Qualcomm Stock In The Last 5 Years

Author: Benzinga Insights | June 26, 2024 02:02pm

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

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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.

Posted In: QCOM