12 Best Future Stocks to Buy Right Now

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6. Broadcom Inc. (NASDAQ:AVGO)

Five-Year EPS Forecast: 49.11%

On May 19, Evercore ISI analyst Mark Lipacis raised the firm’s price target on Broadcom Inc. (NASDAQ:AVGO) to $582 from $490 and maintained an Outperform rating after conducting first-quarter AI channel checks. The firm highlighted that AI workloads appear to be shifting from a training-led regime toward an inference-led model by the end of 2026, a transition that is increasing focus on cost-per-token, return on investment, and total cost of ownership, while accelerating hyperscaler interest in custom ASICs and alternative accelerators—an area where Broadcom is well positioned.

A day earlier, UBS analyst Timothy Arcuri raised the firm’s price target on Broadcom Inc. (NASDAQ:AVGO) to $490 from $475 while keeping a Buy rating on the shares. The firm updated its model ahead of Broadcom’s second-quarter earnings report, adding to positive sentiment surrounding the company’s AI semiconductor opportunity and infrastructure software business.

Broadcom Inc. (NASDAQ:AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions. The company serves critical end markets, including data centers, networking, broadband, wireless, and enterprise software, while also emerging as a major beneficiary of rising AI infrastructure investment through its custom silicon capabilities. It is headquartered in San Jose, California, and was founded in 1991.

While we acknowledge the potential of AVGO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AVGO and that has 100x upside potential, check out our report about the cheapest AI stock.

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