Where Will Broadcom Stock Be in 3 Years?
(NASDAQ: AVGO) stock has absolutely crushed the broader market over the past three years, registering eye-popping gains of 381%, as compared to the 93% gains clocked by the PHLX Semiconductor Sector index during the same period.
So, an investment of $1,000 in Broadcom stock three years ago is now worth over $4,813. The good part is that this semiconductor giant seems built for more upside over the next three years, as it now has a new growth driver in the form of artificial intelligence (AI).
Let's see how AI is moving the needle for Broadcom and check how much upside this semiconductor stock could deliver in the next three years.
Source Fool.com
Broadcom Ltd. Stock
€323.05
1.990%
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 358 € shows a slightly positive potential of 10.82% compared to the current price of 323.05 € for Broadcom Ltd..
