Broadcom's strong portfolio and expanding AI offerings make its top-line growth prospects bright. However, prospects don't justify premium valuation currently.

We recently compiled a list of the Best Future Stocks For The Long-Term. In this article, we will look at where Broadcom Inc. (NASDAQ:AVGO) ranks among the best future stocks for the long term. A Soft Landing is More than Likely The Fed plans to initiate rate cuts for the first time in over four

Wall Street’s view on the stock remains bullish despite the recent pullback. Broadcom currently has a Strong Buy consensus rating based on 23 Buy and three Hold recommendations assigned in the past three months. At $198.66, the average AVGO stock price target implies 34% upside potential.

We recently published a list of 10 Best Big-Name Stocks to Buy Right Now According to Short Sellers. In this article, we are going to take a look at where Broadcom Inc.

Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) jumped 6.1% in the afternoon session after markets rebounded (Nasdaq up 1.8%, S&P 500 up 0.8%) after shaking off the initial negative reaction to the August inflation report by the Bureau of Labor Statistics.