December Is Merry and Bright for Broadcom Stock

December Is Merry and Bright for Broadcom Stock

Broadcom is leading the S&P 500 in December, with shares of the tech company gaining 51% so far this month, according to Dow Jones Market Data.

That puts Broadcom stock on track for its best month on record. On Dec. 12, the company—which is known for making application-specific integrated circuits, or ASICs—reported strong fiscal-fourth-quarter earnings and provided optimistic guidance.

Other top S&P 500 performers this month include Tesla, Palantir Technologies, Lululemon Athletica, Teradyne, Boeing, Alphabet, Ulta Beauty, Arista Networks, and Monolithic Power Systems.

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