Broadcom (AVGO) stock has gained almost 60% in the past year, at the time of writing, Tuesday morning, March 3, according to Yahoo Finance. Meanwhile, the SPDR S&P 500 index (SPY) is up about 15.52% in the same period.
A semiconductor giant with a vast product portfolio spanning wired infrastructure, wireless communications, enterprise storage, and industrial end markets has not only beaten the S&P 500 but also outpaced all but one Magnificent 7 member.
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Tesla (TSLA) is up 37.66%
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Apple (AAPL) is up 9.46%
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Microsoft (MSFT) is up 0.39%
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Amazon (AMZN) is down 1.83%
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Meta (META) is down 2.19%
The only exception is Alphabet (GOOGL), which is up 80%. The stocks being the biggest winners are thanks to…
