12 AI Stocks on Analysts’ Radar

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4. Broadcom Inc. (NASDAQ:AVGO)

Number of Hedge Fund Holders: 161

Broadcom Inc. (NASDAQ:AVGO) is a technology company uniquely positioned in the AI revolution owing to its custom chip offerings and networking assets. One of the most notable analyst calls for Wednesday, May 21, was for Broadcom Inc.

TD Cowen reiterated Broadcom and Advanced Micro Devices as “Buy.” The firm said stocks such as AMD and Broadcom have a differentiated offering.

“Beyond NVIDIA, companies such as AMD, Broadcom, and Credo all have strong tech differentiation tied to durable secular trends that are not evaporating overnight and should drive sustainable growth over the next few years.”

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