Prediction: Despite Its Recent Pullback, Broadcom Will Beat the S&P 500 for the Third Consecutive Year
Broadcom stumbled after earnings, but here's why I think the AI giant still has what it takes to beat the market for a third straight year.
Overview
Broadcom (NASDAQ: AVGO) has been one of the market's great winners, and I think it has another year in the tank.
Here is my prediction: Despite a sharp pullback this summer, Broadcom will beat the S&P 500 (SNPINDEX: ^GSPC) for the third year in a row. It crushed the index in 2024 with a total return north of 110%, followed that with roughly 51% in 2025, and I expect it to finish ahead of the market again in 2026.
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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.