Broadcom Stock Has Fallen 26% From Its High, but a $10K Investment from Ten Years Ago Is Now Worth Over $290K
Broadcom (AVGO) stock is currently trading near $369, down about 26% from its 52-week high of $495. This decline followed the company's recent fiscal third-quarter report in September, which showed record results but slightly below Wall Street expectations for fourth-quarter revenue guidance. A decade ago, on early September 2016 (adjusted for a later stock split), Broadcom shares closed at just over $16. Since then, they have surged to more than $357 as of last week — an increase of over 22 times the original price. A $10,000 investment in that period has grown significantly: without reinvesting dividends it's worth about $222,000; with dividend reinvestment, it’s approximately $290,000. The majority of this growth occurred after 2022. The stock more than doubled in both 2023 and 2024 before adding another nearly 50% gain in early 2025. This performance was driven by strong revenue from AI semiconductors, which now account for over half of Broadcom's quarterly sales.
Tickers: $AVGO
Topics: dividend reinvestment long-term investment returns stock performance