By Catie Hogan
Publication Date: 2026-01-26 17:37:00
Broadcom’s backlog and ability to sell both chips and software make it a standout stock.
There are a lot of hyperscalers dominating the headlines as of late, but there’s one tech company with an AI-driven backlog, multiple revenue streams, and a history of strong execution that could stand out from the rest in the coming years. That company is Broadcom (AVGO +2.31%), and it could be one of the best growth stocks to buy and hold for the next half-decade.
Today’s Change
(2.31%) $7.39
Current Price
$327.44
A massive AI-related backlog
Broadcom, the designer and maker of custom semiconductors and infrastructure software, has built an impressive backlog of about $73 billion for AI-specific projects. Broadcom’s entire backlog is $162 billion, according to the company’s CEO, Hock Tan. The backlog exceeds all of Broadcom’s fiscal year 2025 revenue. Of…
