Investing in Broadcom (NASDAQ:AVGO) five years ago would have delivered you a 844% gain

It might be of some concern to shareholders to see the Broadcom Inc. (NASDAQ:AVGO) share price down 16% in the last month. But that doesn’t undermine the fantastic longer term performance (measured over five years). To be precise, the stock price is 731% higher than it was five years ago, a wonderful performance by any measure. So it might be that some shareholders are taking profits after good performance. Of course what matters most is whether the business can improve itself…