Is Broadcom a Millionaire-Maker Stock?
If you invested a mere $10,000 in (NASDAQ: AVGO), then called Avago Technologies, shortly after the stock went public in 2009, and never sold any shares, you'd be pretty close to having a million-dollar investment in just 15 years' time.
While Broadcom may not put up the same type of returns over the next 15 years, the stock still has the potential to be a millionaire maker.
While rival Nvidia has been the biggest beneficiary of the early artificial intelligence (AI) infrastructure buildout, Broadcom is well positioned to become the next big AI winner. That's not to say, however, that the company isn't already doing well in this area.
Source Fool.com
Broadcom Ltd. Stock
€154.64
-2.850%
The stock is one of the favorites of our community with 67 Buy predictions and 1 Sell predictions.
Based on the current price of 154.64 € the target price of 1384 € shows a potential of 794.98% for Broadcom Ltd. which would more than double the current price.
