Broadcom Inc. (NASDAQ:AVGO) is named one of the best stocks for a 20-year long-term portfolio, with a raised price target of $325 from $305 by an Oppenheimer analyst ahead of Q3 results. The company’s leadership in AI networking and compute businesses is expected to drive strong performance.

Citi analyst Christopher Danely reiterates a Buy rating with a $315 target, anticipating Q3 earnings to exceed consensus and AI-related revenue to contribute 30% of FY25 sales for Broadcom Inc. (NASDAQ:AVGO). The company’s diverse portfolio is seen as a strength in mitigating potential margin pressure.

Analysts’ confidence in Broadcom Inc. (NASDAQ:AVGO) highlights its potential for near-term upside and sustained growth, backed by its leadership in AI and diversified revenue streams. The company is a global technology firm specializing in semiconductor and infrastructure software solutions, positioning it for continued success in the market.

Read more at Yahoo Finance: Oppenheimer Raises Price Target on Broadcom (AVGO) to $325, Maintains Outperform