Jim Cramer suggests it's not too late to invest in
Broadcom Inc. (AVGO), as they present a promising Buy in the AI Stock against Qualcomm (QCOM) by 2025. If you had invested $100 5 years ago in Broadcom, it would have significantly grown today. Despite few calls for caution and sell-offs, Bernstein lauds the company's AI Revenue Growth and capabilities to compete NVIDIA. Additionally, japanese Chipmaker Rapidus view
Broadcom as a model for market dominance. Despite stocks trading down occasionally, their shares continue to rise and are predicted to outperform by 2025. This growth is backed by an upcoming surge in custom AI chips and strategic partnerships. Although NVIDIA has been seen as a value play, Broadcom's stock has been soaring with their AI capabilities recognized. Broadcom is also considered as a hyper-growth company potential and no longer as the '
poor man's Nvidia'. Some investors, however, have sold their stakes in Broadcom, but the company continues to thrive with $30.1B revenues from semiconductors. Although NVDA presents a strong competition, many advisors and investors are still increasing their investments on Broadcom since the company's potential is visible.
Broadcom AVGO News Analytics from Fri, 11 Oct 2024 07:00:00 GMT to Sat, 11 Jan 2025 01:36:00 GMT -
Rating 8
- Innovation 8
- Rumor 6
