Broadcom Rises 106% in a Year: Buy, Sell or Hold the AVGO Stock?
Broadcom AVGO shares have surged 106.3% in the trailing 12-month period, outperforming the Zacks Electronics – Semiconductors industry’s return of 71.4% and the broader Zacks Computer and Technology sector’s appreciation of 30.7%. AVGO is benefiting from strong demand for XPUs, which are a type of application-specific integrated circuits (ASICs) necessary to train Generative AI models. ...












