Broadcom (AVGO) Bull Shares His ‘Only Hesitation’ About the Stock
We recently published 10 Stocks to Watch as Investors Scramble to Pour Money into AI Trade. Broadcom Inc (NASDAQ:AVGO) is one of the stocks that caught analysts' attention. Tom Hancock, GMO portfolio manager, said in a recent program on CNBC that Broadcom Inc (NASDAQ:AVGO) is a relatively safer AI play because of the company’s diversification. However, he said he does not hold “more” AVGO shares because of valuation. “Broadcom Inc (NASDAQ:AVGO) is more diversified and a safer play. AI is not its only bus ...