Interactive Brokers’ Sosnick Suggests Broadcom as Replacement for Tesla in the ‘Magnificent 7’
Broadcom’s success in 2024 has propelled the chipmaker to potentially replace Tesla among the top companies in the stock market, known as the “Magnificent Seven.” According to Interactive Brokers chief strategist Steve Sosnick, Broadcom embodies the current trend of artificial intelligence (AI) stocks, making it a standout performer. The company’s stock has surged by nearly … Read more