From Yahoo Finance: 2025-06-09 14:25:00

Broadcom Inc. (AVGO) is trading at $246.93 with a trailing P/E of 90.05 and forward P/E of 37.88. The company plays a critical role in AI infrastructure with increasing demand for its custom XPUs and networking solutions. Volume shipments to hyperscalers are rising, while the VMware acquisition is boosting private AI deployments. Valuation is high, but long-term prospects are strong.

A recent bullish thesis on Broadcom (AVGO) highlights the company’s AI growth, VMware integration, and industry-leading margins. The stock has appreciated by 26% since the coverage. Sanjiv focuses on Broadcom’s custom silicon ramp and XPU demand, while Rijnberk sees attractive valuation post-pullback. Both agree on Broadcom’s importance in the AI buildout.

Broadcom Inc. (AVGO) is among the 30 Most Popular Stocks Among Hedge Funds, with 158 portfolios holding the stock at the end of the first quarter. While there are risks, some AI stocks offer higher return potential with limited downside risk. For those interested in cheap AI stocks with potential benefits from Trump tariffs, a report on the best short-term AI stock is available.



Read more at Yahoo Finance: Broadcom Inc. (AVGO): A Bull Case Theory