10 Stocks to Watch Ahead of Q3 Earnings Season

3. Broadcom Inc (NASDAQ:AVGO)

Number of Hedge Fund Investors: 156

Saira Malik, chief investment officer at Nuveen, said in a latest program on CNBC that the AI trade is “alive and well” and companies like Broadcom Inc (NASDAQ:AVGO) continue to be the leaders in the space. Here is why the analyst likes Broadcom:

“With AVGO, they have huge demand from hyperscalers for their ASIC chips, very strong management team, ability to earn very strong earnings growth going forward. The stock actually is not as expensive as one might think given its earnings growth trajectory.”

Columbia Threadneedle Global Technology Growth Strategy stated the following regarding Broadcom Inc. (NASDAQ:AVGO) in its second quarter 2025 investor letter:

“Shares of fellow semiconductor giant Broadcom Inc. (NASDAQ:AVGO) also outperformed during the quarter, as customer demand for the company’s custom accelerator chips remained insatiable despite the uncertain economic environment. The company is on pace for 10 consecutive quarters of AI-related semiconductor growth and expects continued strong demand persist, due to the sizable AI opportunity. In addition to its dominant market position, the company’s history of strong capital returns to shareholders results in a favorable outlook for a sizable investor base.”