Is Broadcom a Millionaire-Maker Stock?
If you invested a mere $10,000 in (NASDAQ: AVGO), then called Avago Technologies, shortly after the stock went public in 2009, and never sold any shares, you'd be pretty close to having a million-dollar investment in just 15 years' time.
While Broadcom may not put up the same type of returns over the next 15 years, the stock still has the potential to be a millionaire maker.
While rival Nvidia has been the biggest beneficiary of the early artificial intelligence (AI) infrastructure buildout, Broadcom is well positioned to become the next big AI winner. That's not to say, however, that the company isn't already doing well in this area.
Source Fool.com
Broadcom Ltd. Stock
€297.65
0.290%
With 94 Buy predictions and 1 Sell predictions Broadcom Ltd. is one of the favorites of our community.
With a target price of 342 € there is a slightly positive potential of 14.9% for Broadcom Ltd. compared to the current price of 297.65 €.
