10 Best Stocks to Buy for High Returns in 2026

2. Broadcom Inc. (NASDAQ:AVGO)

EPS Growth Next Year: 38.49%

Upside Potential: 33.81%

Number of Hedge Fund Holders: 183

Broadcom Inc. (NASDAQ:AVGO) is one of the Best Stocks to Buy for High Returns in 2026. On January 6, Broadcom Inc. (NASDAQ:AVGO) launched new Wi-Fi products at CES 2026 in Las Vegas. The products include the BCM4918 accelerated processing unit and two Wi-Fi 8 chipsets, including BCM6714 and BCM6719.

​Management noted that these new product launches are based on their earlier BCM6718, which is aimed at powering “agentic” AI apps in homes. Moreover, the Wi-Fi 8 Platform is the company’s next-generation wireless standard that combines ultra-high throughput, low latency, and AI-driven smarts for optimizing connections automatically. Management added that these advancements are a turning point as Wi-Fi merges broadband, computing, and AI intelligence.

That said, Wall Street has a positive opinion on Broadcom Inc. (NASDAQ:AVGO). Recently, on January 5, James Schneider from Goldman Sachs reiterated a Buy rating on the stock with a $450 price target. A day earlier, on January 4, Blayne Curtis from Jefferies also reiterated a Buy rating on the stock without disclosing any price target. Goldman Sachs has added Broadcom Inc. (NASDAQ:AVGO) to its US Conviction List, which is a list of 20 to 25 stocks that the firm believes are fundamental buy ideas for 2026.

​Broadcom Inc. (NASDAQ:AVGO) designs, develops, and supplies various semiconductor devices and infrastructure software solutions worldwide. The company operates in two segments: Semiconductor Solutions and Infrastructure Software.