This Artificial Intelligence (AI) Stock Is Hot and Likely Won't Slow Down
Investors looking to profit from artificial intelligence (AI) should look closer at Broadcom (NASDAQ: AVGO). Amid name changes and a business focus, it escaped the notice of some investors.
Nonetheless, investors have many good reasons to pay closer attention, especially with its growing AI capabilities. Investors can benefit as it continues to derive increasing sales from AI. Here's why it is not too late to profit from Broadcom stock.
Broadcom takes a different approach than its more consumer-focused peers. Instead of developing more general-purpose semiconductors, Broadcom employs engineers near its largest clients to create tailor-made chips to meet customer needs.
Source Fool.com
Broadcom Ltd. Stock
€1,295.6
0.760%
With 42 Buy predictions and not a single Sell prediction Broadcom Ltd. is an absolute favorite of our community.
With a target price of 1380 € there is a slightly positive potential of 6.51% for Broadcom Ltd. compared to the current price of 1295.6 €.
