By Usman Kabir
Publication Date: 2026-04-03 21:42:00
Broadcom Inc. (NASDAQ:AVGO) is one of the 10 Best Stocks to Invest In According to Billionaire Steve Cohen.
Broadcom Inc. (NASDAQ:AVGO) is one of the long-term stock picks of Steve Cohen. His hedge fund has held a stake in the chip firm since the second quarter of 2018. Back then, this position comprised 892,000 shares. Within a year, the fund had upped this stake to more than 7.7 million shares. A slow period followed, during which the fund trimmed the stake and even sold it off completely before opening up a new position. This new position reached 8 million shares at peak and was sold off as well. The latest holding, purchased in the first quarter of 2024, comprised nearly 2.9 million shares at the end of the fourth quarter of 2025. This represents an increase of 80% compared to filings for the third quarter of 2025.
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Broadcom Inc. (NASDAQ:AVGO) is on the radar of elite hedge funds in light…