10 Unstoppable Stocks to Buy and Hold for the Next 3 Years

2. Broadcom Inc. (NASDAQ:AVGO)

Broadcom Inc. (NASDAQ:AVGO) is one of the Unstoppable Stocks to Buy and Hold for the Next 3 Years. On February 20, analyst William Power from Robert W. Baird maintained a “Buy” rating on the company’s stock with the price objective of $420.00. This rating is backed by a combination of factors, which are associated with Broadcom Inc. (NASDAQ:AVGO)’s AI momentum and earnings potential.

The analyst noted accelerated demand for the company’s v7 custom ASICs powering Google’s TPU infrastructure. This is preferred for AI workloads by well-established customers like OpenAI, Apple, Meta, and Anthropic, and continues to fuel a sharp increase in anticipated AI-related revenue.

As per the analyst, the potential for EPS to exceed $30 by 2030 is backed by the expected AI revenue of ~$65 billion this year, together with a 5-year compound growth outlook of ~45%.

In a different release, on February 19, Broadcom Inc. (NASDAQ:AVGO) launched BroadPeak. This is a radio digital front-end SoC chip, which has been designed to supercharge 5G massive MIMO systems and remote radio heads.

​Broadcom Inc. (NASDAQ:AVGO) is a semiconductor and infrastructure software company. It designs and supplies products, including custom chips, networking solutions, and enterprise software used across industries such as cloud computing, telecommunications, and data centers.