As the calendar flips to a new quarter, investors eagerly anticipate which S&P 500 Index constituents will shine brightest – and dimmest – in the coming months. Building on our previous analysis of October’s top performers, we’re expanding our scope to the fourth quarter. At the pinnacle of our list of Q4 winners is Broadcom Inc (NASDAQ:AVGO), boasting an unblemished 10-year track record of quarterly gains, with an average return of 17.5%. Notably, AVGO is one of only two tech titans to make the cut, as banking and investment stocks dominate the leaderboard. On the technical front, AVGO’s upward trajectory has been punctuated by occasional pullbacks, neatly contained by its ascending 200-day moving average. With a year-to-date gain of 50%, the stock appears poised to challenge its mid-June record high near $180. Should Broadcom experience another Q4 rally, it could propel the equity to fresh heights. Moreover, options traders will appreciate the relatively affordable premiums currently available, as reflected in the stock’s Schaeffer’s Volatility Index (SVI) rating of 39%, which falls in the lower 23rd percentile of its annual range.
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