Better AI Stock: Lumen Technologies vs. Broadcom
Lumen Technologies (NYSE: LUMN) and (NASDAQ: AVGO) were both driven higher by the buying frenzy in artificial intelligence (AI) stocks. Over the past 12 months, Lumen's stock surged more than 70% as Broadcom's stock rallied over 60%.
Lumen, the telecom company formerly known as CenturyLink, impressed the bulls by signing a new AI infrastructure deal with Microsoft and a fiber supply deal with Corning. Broadcom dazzled the market with its soaring sales of its AI-oriented networking chips. So which of these high-flying AI stocks is a better buy right now?
Image source: Getty Images.
Source Fool.com
Broadcom Ltd. Aktie
300,20 €
-0,58 %
Broadcom Ltd. wird von der Community favorisiert: Deutlich mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 342 € für Broadcom Ltd. weist auf eine leichte Verbesserung gegenüber dem aktuellen Kurs von 300.2 € hin.
