Broadcom Inc. (AVGO) is considered one of the best technology stocks for long-term investment

From Yahoo Finance: 2025-05-14 12:26:00

We examined the 13 Best Technology Stocks for Long-Term Investment, including Broadcom Inc. (NASDAQ:AVGO). On May 12, experts discussed tech’s surge post-US-China tariff deal. Jeff Kilburg identified software as a major beneficiary, while Dan Ives highlighted NVIDIA’s potential. Markets are optimistic, favoring growth-oriented investments over defensive plays as the VIX drops.

Broadcom Inc. (NASDAQ:AVGO) saw a 24.14% 3-Year Revenue CAGR. The stock has 161 hedge fund holders and focuses on semiconductor devices for various applications. Recent reports on tariffs and trade wars impacted stock prices, with rumors of DeepSeek’s return further affecting investor sentiment.

In FQ1 2025, Broadcom Inc. (NASDAQ:AVGO) generated $4.1 billion in AI revenue, up 77% YoY. FQ2 expects a 44% increase driven by hyperscale investments in AI models. The company is innovating with technologies like co-packaged optics, DSP and SerDes advancements, and PCIe Gen6, aiding AI cluster growth.

Mar Vista US Quality Select Strategy remains positive on Broadcom Inc. (NASDAQ:AVGO) despite concerns over tariffs and AI infrastructure efficiency. The company ranks 3rd among the best technology stocks for long-term investment. There’s a promising AI stock trading at less than 5 times earnings, potentially offering high returns.



Read more at Yahoo Finance: Is Broadcom Inc. (AVGO) the Best Technology Stock to Buy for Long-Term Investment?