How Much More Can Broadcom Stock Rally? | Trefis

Broadcom’s stock (NASDAQ: AVGO) just surged 11% on November 24, driven by excitement around its Google AI chip partnership and the success of Alphabet’s new Gemini 3 model. The stock has already more than doubled in the past year, now trading around $380. So the natural question is: what would it take to double again?

Let’s work through the math and the catalysts that could make it happen. That being said, if you seek an upside with less volatility than holding an individual stock like AVGO, consider the High Quality Portfolio. It has comfortably outperformed its benchmark—a combination of the S&P 500, Russell, and S&P MidCap indexes—and has achieved returns exceeding 105% since its inception. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.

The Math Behind a Double

Could earnings really…