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Where Will Broadcom Stock Be In 1 Year?

Where Will Broadcom Stock Be In 1 Year?

Broadcom's (NASDAQ: AVGO) stock rose about 3.8% over the past 12 months. During that same period, the S&P 500 declined 9.3%, and the PHLX Semiconductor Sector index lost 13.2% of its value. Broadcom outperformed the market and many of its industry peers for four reasons.