Broadcom Stock Rides A 5-Day Winning Streak To A 25% Gain
Broadcom (AVGO) stock has risen for 5 consecutive trading days, gaining 25.0% over that stretch. That added about $347.1 billion to the company’s market value, which now stands at about $1.74 trillion. The stock closed at $364.36 on Thursday, November 12, 24.1% below its 52-week high of $479.94 and 25.0% above its low of $291.53.
The Streak Next To The S&P 500
Returns for AVGO and the S&P 500 over the streak and the periods around it, all ending Thursday, November 12 and including dividends:
| Return Period | AVGO | S&P 500 |
|---|---|---|
| 1 Day | 5.5% | -0.3% |
| 5 Days (Current Streak) | 25.0% | 3.3% |
| 1 Month (21 Trading Days) | 5.2% | -1.6% |
| 3 Months (63 Trading Days) | -7.1% | -2.2% |
| Year To Date | 5.9% | 12.0% |
| 1 Year (252 Trading Days) | 4.3% | 12.2% |
Is This Move About Broadcom Or The Market?
The market explains little of this: the S&P 500 gained 3.3% over the same 5 sessions, including dividends, against Broadcom’s +25.0%. 11 other S&P 500 stocks are currently on winning streaks of 5 days or longer. Over the past three months the stock is down 7.1%, a window that includes the streak; over the other 58 sessions of that window it was down 25.7%.
Do The Fundamentals Support The Run?
On the fundamentals, revenue grew 48.7% over the last twelve months, against a median of 17.9% for S&P 500 Information Technology stocks; its operating margin is 48.5%, versus a median of 21.6%; and the stock trades at 45.4 times trailing earnings against a median of 30.4. The business gives the rally real support, with revenue growth above the median and margins above the median.
If you are looking for strength with more behind it than a hot tape, our Guidance Momentum screen surfaces the names where management raised its own outlook.
For anyone who would rather back the theme than one company, a semiconductor ETF like SOXQ holds the whole group, not just this stock. It is still a concentrated bet on one theme, which is the gap the portfolio below is built to close.
Streaks End. Discipline Compounds
A run like this is genuinely useful information: something about this business has the market’s full attention. But streaks are where discipline gets tested, because the urge to chase strength is strongest right before it pauses.
The Trefis High Quality (HQ) Portfolio channels that urge into a system: roughly 30 businesses selected for consistent cash generation, strong margins, and resilient balance sheets, sized and rebalanced with rules rather than excitement. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Enjoy the streak; own the process.