Broadcom Is Up Over 25% in the Last Month. Time to Sell?

Broadcom (NASDAQ: AVGO) may have caught many of its bulls by surprise amid its recent surge of 25% after a 40% increase and a significant pullback. The company's booming AI chip business supercharged a stock that has prospered by building specialty semiconductors.Additionally, acquisitions have proved fortuitous for Broadcom at large, and for AI-related product offerings that leverage both hardware and software capabilities. Its strength in AI helped Broadcom's market cap cross the $1 trillion threshold amid this recent surge, making it the eighth most valuable company currently trading on U.S. exchanges.Still, a 25% gain over a short period is uncommon for even the highest-quality stocks, and the fact that it has pulled back after that run could indicate a loss of interest in the stock. Now, the question for investors is whether those moves mean investors should take profits in Broadcom, or stay with the semiconductor stock.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool