Meet the Monster Stock that Continues to Crush the Market

Back in 2023, only 27% of the stocks in the S&P 500 outperformed the broader index. That ratio, which represented its lowest percentage in three decades, and only rose to 28% in 2024.Those low percentages support the idea that it's smarter to invest in an S&P 500 index fund than to try to time and beat the market with individual stocks. However, some of those S&P 500 stocks which consistently outperform the market might still be worth buying as long-term investments.One of those market-beating stocks is Broadcom (NASDAQ: AVGO), which was formerly known as Avago before it acquired the original Broadcom and inherited its brand in 2016. Over the past five years, Broadcom's stock surged more than 680% as the S&P 500 roughly doubled.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool