Stacy Rasgon Says AI Trade Slowdown Not Expected Until At Least 2027, Continues to Like Broadcom (AVGO)
We recently published Top 10 Trending Stocks Everyone’s Watching in Q4. Broadcom Inc (NASDAQ:AVGO) is one of the trending stocks everyone's watching. Stacy Rasgon, Bernstein U.S. semiconductor managing director and senior analyst, said in a recent program on CNBC that the AI rally is expected to continue and he doesn’t see a downturn or “air pocket” even in 2027. The analyst said he continues to like high-quality semiconductor stocks, including Broadcom Inc (NASDAQ:AVGO). “There’s a lot of cross investme ...