Aristotle Atlantic Partners, LLC released its Q2 2025 investor letter, highlighting a 14.43% return for its Core Equity Strategy, outperforming the S&P 500’s 10.94% total return. Top holdings, including Broadcom Inc. (AVGO), contributed to the strategy’s success in the second quarter.

Broadcom Inc. (AVGO) saw a 5.27% one-month return and gained 84.08% over the last 52 weeks, closing at $278.59 per share on July 22, 2025. In Q2, AVGO’s performance was driven by strong results in its AI compute and networking business, as well as positive outlooks for its AI-related silicon business units.

AVGO is the 12th most popular stock among hedge funds, with 158 portfolios holding it in Q1 2025. The company reported record revenue of $15 billion in its fiscal Q2, up 20% YoY. While AVGO shows potential, some AI stocks may offer greater upside with less downside risk. Check out our free report on the best short-term AI stock for more information.

Read more at Yahoo Finance: Here’s Why Broadcom (AVGO) Surged in Q2