ClearBridge Investments bullish on growth stock Broadcom Inc., AVGO, positioned for AI computing growth.

ClearBridge Investments released its second quarter 2025 investor letter, highlighting growth stock rebound in technology and communication services sectors. S&P 500 returned 10.9%, NASDAQ soared 17.7%, and Russell 1000 Growth Index rose 17.8%. The strategy underperformed its benchmark, with IT and communication services sectors contributing to performance while health care sector detracted.

In the second quarter, ClearBridge Large Cap Growth Strategy focused on Broadcom Inc. (AVGO), a semiconductor and infrastructure software solutions company. AVGO stock gained 5.87% in one month and 59.14% over 52 weeks, closing at $275.18 per share with a market cap of $1.294 trillion on July 3, 2025. The company is positioned for growth in AI computing.

Broadcom Inc. (AVGO) ranks 12th among 30 most popular stocks among hedge funds. In the fiscal second quarter of 2025, AVGO reported record revenue of $15 billion, up 20% year-over-year. While AVGO holds investment potential, AI stocks present greater promise for higher returns in a shorter timeframe. Consider exploring undervalued AI stocks for significant gains.

Read more at Yahoo Finance: What Makes Broadcom (AVGO) an Investment Bet?