$10,000 in Marvell Stock a Decade Ago Is Worth About $206,000 Now. Repeating That Would Take 35% Annual Earnings Growth.
Most of the decade's rise came this year. What would it take to do it all over?
Overview
Marvell Technology (NASDAQ:MRVL) closed at $13.17 a share on Oct. 5, 2016. Ten years later to the day, it closed at $271.25.
On price alone, that turned a $10,000 stake into around $206,000, compounding at about 35% a year. In the same decade, $10,000 in the S&P 500 (SNPINDEX:^GSPC) rose to about $36,000 on the same basis.
Details
But most of Marvell's rise is recent. Nearly three-quarters of it came in 2026 alone, as the shares more than tripled. And when I split the decade into stretches, I see the stock's valuation did almost as much of the work as the company's earnings.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.