As December approaches, here’s a list of winners who have made their mark in the last month of the year. December is historically a strong month for stock prices. This year is the third-best month for the Dow Jones Industrial Average and S&P 500 since 1950, according to the Stock Traders Almanac, and the third-best month for the Nasdaq Composite Index with data dating back to 1971. But even with such a strong overall performance, there are some names with a track record of doing even better. The following stocks had the highest average percentage gains in December over the past 10 years. Broadcom is another name on the list. The semiconductor company has already taken a beating this year, with shares up more than 72% year-to-date. However, past performance suggests that December could be another big winner, with average gains of more than 10% for the month. The stock is expected to rise 3.5% from the consensus price target. It’s also a consensus buy on the street. Goldman Sachs recently raised its price target on the stock, citing momentum building toward its next earnings release. Estée Lauder also made the list. Beauty stocks have gained an average of 4.6% in December and could rise another 10% relative to their average price target. However, only 32% of analysts rate the stock as a buy. This month, Eli Lilly became the world’s first healthcare company to reach a market capitalization of $1 trillion. However, we may be able to expect even bigger profits next month. Eli Lilly’s stock price increase averaged 4.3% in December. However, the stock is expected to fall 1.5% from the consensus price target.
