By Bob Karr
Publication Date: 2026-04-14 10:01:00
Broadcom Inc. (NASDAQ:AVGO) is one of the Best Multibagger Stocks to Buy for Long Term. On April 7, Goldman Sachs reiterated a “Buy” rating on the company’s stock with a price objective of $480, noting that the company entered into a long-term agreement with Google. The focus is on developing and supplying its future generations of TPUs. Also, there is a Supply Assurance Agreement to supply networking as well as other components to be utilised in Google’s AI racks through 2031.
Notably, Broadcom Inc. (NASDAQ:AVGO), Google, and Anthropic expanded the current strategic collaboration, with Goldman Sachs expecting strategic merit across several fronts. The firm believes that Broadcom Inc. (NASDAQ:AVGO) possesses growing and increasingly diverse exposure towards critical customers that have leading AI models. This can place the company as the critical AI beneficiary.
Apart from this, the investor…
