Broadcom Surges to 10th in Trading Volume Ranking with $49.96 Billion in Activity

On May 29, 2025, Broadcom (AVGO) saw a trading volume of $49.96 billion, ranking it 10th in the day's stock market activity. The stock rose by 1.06%, marking its third consecutive day of gains, with a total increase of 5.79% over the past three days.

Broadcom's stock has shown strong performance over the past six months, with an increase of nearly 45%. This outpaces the broader Nasdaq index, which has seen a decline of 1% during the same period. The company's robust performance is a testament to its strategic positioning in the technology sector.

On May 27, Mizuho Securities raised its price target for Broadcom from $250 to $300, while maintaining its Outperform rating. This update reflects the firm's confidence in the company's future prospects and its ability to continue delivering strong results.

Broadcom's year-to-date return stands at 3.6%, outperforming Qualcomm by 7.0%. Qualcomm's year-to-date return is -3.4%. This performance highlights Broadcom's strong market position and its ability to generate revenue growth. Over the last 12 months, Broadcom's revenue has increased by 40%, compared to Qualcomm's 12% increase.