By finviz.com
Publication Date: 2026-01-30 08:22:00
We recently published Jim Cramer Discussed These 10 Stocks & Commented On Gold Price. Broadcom Inc. (NASDAQ:AVGO) is one of the stocks Jim Cramer discussed.
Broadcom Inc. (NASDAQ:AVGO) is another key player in the AI industry. It is a semiconductor designer whose chips are used in a wide variety of applications. Broadcom Inc. (NASDAQ:AVGO)’s shares are up by 59% over the past year and are down by 4.9% year-to-date. Multiple analysts have discussed the firm in January. For instance, Bernstein reiterated an Outperform rating and a $475 share price target. The financial firm outlined that Broadcom Inc. (NASDAQ:AVGO)’s management had adequately addressed investor concerns about competition in the AI industry. The stock saw considerable momentum in 2024 after it outlined a sizable AI chip opportunity. However, recent reports have suggested that Google’s TPU AI chips also offer a cost-efficient alternative to NVIDIA’s high-performance and pricey chips. Additionally, Bank of…
