10 Most Profitable NASDAQ Stocks Today

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8. Broadcom Inc. (NASDAQ:AVGO)

Number of Hedge Fund Holders: 74

Net Income (TTM) as of October 31, 2022: $11.22 billion

Broadcom Inc. (NASDAQ:AVGO) is one of the most profitable semiconductor stocks on NASDAQ today. For the trailing twelve-month period that ended on October 31, 2022, Broadcom Inc. (NASDAQ:AVGO) generated a net income of $11.22 billion. As of February 17, the stock has gained 12.64% over the past 6 months.

At the close of Q3 2022, Broadcom Inc. (NASDAQ:AVGO) was spotted on 74 investors’ portfolios that held collective positions worth $4.44 billion in the company. As of December 31, Cantillon Capital Management is the largest shareholder in the company and owns over 1 million shares.

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