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Barchart
Barchart
Aditya Raghunath

RARE PHOTOS: Can broadcom stock hit 2 000 per share | Rare Historical Photos

Broadcom AVGO Harlan Sur JPMorgan VMware

Broadcom (AVGO) has been on an absolute tear since its IPO (initial public offering) in August 2009. In the last 15 years, the tech stock has returned close to 10,000% to shareholders. If we adjust for dividend reinvestments, cumulative returns are much higher at 14,000%, which is exceptional. 

Valued at a market cap of $772 billion, Broadcom stock currently trades at $1,608 per share at the time of writing. Let’s see if the stock can touch $2,000 per share. 

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