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Analyst Says Broadcom (AVGO) Not as Expensive ‘As One Might Think’ – Here’s Why
Yahoo Finance· 2025-10-03 13:43
We recently published 10 Stocks to Watch Ahead of Q3 Earnings Season. Broadcom Inc (NASDAQ:AVGO) is one of the stocks that Wall Street analysts are discussing these days. Saira Malik, chief investment officer at Nuveen, said in a latest program on CNBC that the AI trade is “alive and well” and companies like Broadcom Inc (NASDAQ:AVGO) continue to be the leaders in the space. Here is why the analyst likes Broadcom: “With AVGO, they have huge demand from hyperscalers for their ASIC chips, very strong manag ...