Better Artificial Intelligence (AI) Stock Split Buy: Nvidia vs Broadcom
Nvidia (NASDAQ: NVDA) and (NASDAQ: AVGO) both announced 10-for-1 stock splits in recent times. That's because shares of these technology giants have surged, surpassing $1,000, as demand from artificial intelligence (AI) customers boosted revenue quarter after quarter. Nvidia completed its stock split earlier this month, and Broadcom's operation is set for next month.
The AI market may be in the early days of its growth story, and this is great news for both of these tech giants. Analysts predict that today's $200 billion market may surpass $1 trillion by the end of the decade. This along with Nvidia's and Broadcom's own growth prospects make both companies compelling buys right now. But if you could choose just one of these stock split giants to buy right now, which one makes the better choice? Let's find out.
Image source: Getty Images.
Source Fool.com
Broadcom Ltd. Stock
With 83 Buy predictions and not a single Sell prediction Broadcom Ltd. is an absolute favorite of our community.
With a target price of 1750 € there is a slightly positive potential of 11.72% for Broadcom Ltd. compared to the current price of 1566.4 €.
