Broadcom stock is rebounding after a dip, with a Mizuho analyst raising the price target to $480. Shares are up 4.1% today. Despite the positive outlook, Broadcom stock is trading at a premium with a P/E ratio of 69.7 compared to a 5-year average of 40.2. Mizuho named Broadcom as a top semiconductor pick for 2026. However, investors seeking value may want to look elsewhere. The Motley Fool Stock Advisor did not include Broadcom in their list of top 10 stocks to buy now, citing potential for monster returns in the future. Their total average return is 969%, outperforming the S&P 500.

Read more at Yahoo Finance: Why Broadcom Stock Is Rising Today