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Should You Invest $1,000 in Broadcom Right Now?


While most of the investing attention in the artificial intelligence (AI) realm is directed toward Nvidia (NASDAQ: NVDA), (NASDAQ: AVGO) is starting to gain momentum. Both companies are competing in the AI computing unit field, but Broadcom's product represents the next iteration that could really take off over the next few years.

But is it worth a $1,000 investment right now?

Image source: Getty Images.

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Source Fool.com

Broadcom Ltd. Stock

€336.10
4.290%
A very strong showing by Broadcom Ltd. today, with an increase of €13.85 (4.290%) compared to yesterday's price.
The stock is one of the favorites of our community with 87 Buy predictions and 1 Sell predictions.
As a result the target price of 377 € shows a slightly positive potential of 12.17% compared to the current price of 336.1 € for Broadcom Ltd..
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