Broadcom (AVGO) has been one of the best stocks to hold over the past decade. It has rallied by almost 4,000% during that stretch, including a return of 10x over the past five years.
Investors can’t expect those types of returns over the next decade. That’s why investors look for the next Broadcom. They want to be on the ground floor before a stock rallies by 4,000% over the past decade.
Broadcom shares several key factors in common with other high-growth stocks that have delivered what many investors would consider generational returns. Knowing what made Broadcom into the company it is today can help you identify the next long-term winner.
This post originally appeared at The Motley Fool.