Broadcom Inc (NASDAQ:AVGO) is highlighted as the second-best stock on Jim Cramer’s Latest Portfolio list, with 115 hedge fund investors interested in the company. Cramer emphasized the importance of discipline during market rallies, cautioning against holding onto stocks for too long. The stock has seen significant growth this year, with JPMorgan projecting dominance in the high-end custom chip market. Despite strong revenue growth, concerns exist about Broadcom’s high debt levels and lagging revenue growth compared to industry leaders. While the stock has potential, some believe there may be more promising AI stocks to invest in. Overall, Broadcom Inc (NASDAQ:AVGO) remains a strong contender in the market, but investors should consider their options carefully before making a decision.
Article Source
https://finance.yahoo.com/news/jim-cramer-thinks-broadcom-inc-153243525.html
Jim Cramer’s Thoughts on Broadcom Inc (NASDAQ:AVGO)
