10 Hot AI Stocks to Keep on Your Radar

6. Broadcom Inc. (NASDAQ:AVGO)

Number of Hedge Fund Holders: 156

Broadcom Inc. (NASDAQ:AVGO) is one of the 10 Hot AI Stocks to Keep on Your Radar. On October 9, Goldman Sachs reiterated the stock as “Buy.” Analyst Jim Schneider said that the stock is well positioned heading into earnings season.

“Jim continues to see AVGO as the leader in AI custom compute and merchant networking silicon.”

Broadcom is a technology company uniquely positioned in the AI revolution owing to its custom chip offerings and networking assets.