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Why Broadcom Stock Popped Today


Broadcom (NASDAQ: AVGO) stock surged 4.7% through 11:15 a.m. ET Monday after Bernstein analyst Stacy A. Rasgon published a bullish note on the artificial intelligence industry in general, and on Broadcom, and also Nvidia (NASDAQ: NVDA), in particular.

The analyst says Bernstein owns both stocks itself, and rates both Broadcom and Nvidia "outperform."

Image source: Getty Images.

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Source Fool.com

Broadcom Ltd. Stock

€322.90
-0.050%
With only a change of -€0.150 (-0.050%) the Broadcom Ltd. price is nearly unchanged from yesterday.
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 10.87% compared to the current price of 322.9 € for Broadcom Ltd..
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