Quick Read – Broadcom (AVGO) at $421.86 is defensible heading into earnings, with risk/reward supported by locked supply through 2028. – Broadcom’s custom accelerator revenue grew 140% year-over-year, offering margin stability as AI scales without dilution. – The analyst who…
lled NVIDIA in 2010 just named his top 10 stocks and Broadcom wasn’t one of them. Get them here FREE
At $421.86, Broadcom (NASDAQ:AVGO) is testing resistance. With shares pressing against a 52-week high of $442.36 and earnings days away, the question of whether to chase, fade, or wait deserves a direct answer. Broadcom designs custom AI accelerators, networking silicon, and infrastructure software for the world’s largest hyperscalers, with VMware anchoring its software arm.
The stock has roughly doubled off its 52-week low after a string of AI-driven beats, and the market cap now sits near $1.99 trillion. CEO Hock Tan has reframed the company around custom XPUs for frontier AI labs, and guidance keeps moving up. The analyst who called NVIDIA in 2010 just named his top 10 stocks and Broadcom wasn’t one of them.