Broadcom Inc. (NASDAQ:AVGO) is one of the Hot AI Stocks to Keep on Your Radar. On October 9, Goldman Sachs reiterated the stock as “Buy.” Analyst Jim Schneider said that the stock is well positioned heading into earnings season. “Jim continues to see AVGO as the leader in AI custom compute and merchant networking silicon.” Broadcom is a technology company uniquely positioned in the AI revolution owing to its custom chip offerings and networking assets. While we acknowledge the potential of AVGO as an ...

Broadcom Inc. (NASDAQ:AVGO) is one of the AI Stocks Investors Are Watching Closely. On October 3rd, Mizuho reiterated the stock as a “Top Pick.” The firm said the stock is on the top picks list. “AVGO remains an industry leader with strong profitability…” Following the October 3 reiteration, the firm once again reiterated an Outperform rating on the stock on October 6, with a price target of $410.00. The move came despite investor concerns about potential margin dilution. Accelerating ASIC revenues an ...

The Nasdaq-100 is composed of the 100 largest non-financial companies listed on the Nasdaq Composite (^IXIC -2.70%). For those who have followed the market in recent years, it should come as no surprise that this tech-heavy index, which is full of some of the largest artificial intelligence companies in the world, has been a good long-term investment. Over the last five years, the Nasdaq-100 is up 154%. However, the index has struggled this year and is down about 8.4%. Some investors have moved out of high- ...