By Geoffrey Seiler
Publication Date: 2026-03-22 09:05:00
The stock market has been volatile lately as war rages on in the Middle East and earnings season winds down. If you’re looking to dip your toe into some stocks, say with $1,000, let’s look at two strong options.
Image source: The Motley Fool.
Broadcom
Broadcom (AVGO 2.99%) has struggled to find its footing a bit in the market this year, but the company has one of the best growth outlooks in the megacap tech space. The company is seeing strong momentum in its data center networking business, but its biggest opportunity is in custom AI chips.
Today’s Change
(-2.99%) $-9.57
Current Price
$310.27
Key Data Points
Market Cap
$1.5T
Day’s Range
$309.93 – $321.50
52wk Range
$138.10 – $414.61
Volume
1M
Avg Vol
26M
Gross Margin
64.96%
Dividend Yield
0.78%
As spending on AI infrastructure continues to climb, hyperscalers (owners of large data centers) are increasingly looking for cheaper alternatives to Nvidia‘s graphics processing units (GPUs). One of the best options is to develop custom chips called ASICs…