If You Invested $1000 In This Stock 20 Years Ago, You Would Have $6,100 Today

Qualcomm QCOM has outperformed the market over the past 20 years by 1.3% on an annualized basis producing an average annual return of 9.36%. Currently, Qualcomm has a market capitalization of $227.31 billion.

Buying $1000 In QCOM: If an investor had bought $1000 of QCOM stock 20 years ago, it would be worth $6,073.65 today based on a price of $203.68 for QCOM at the time of writing.

Qualcomm's Performance Over Last 20 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.