13 Best Long Term Growth Stocks to Buy According to Hedge Funds

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4. Broadcom Inc. (NASDAQ:AVGO)

Number of Hedge Fund Holders: 183

Broadcom Inc. (NASDAQ:AVGO) is one of the best long term growth stocks to buy according to hedge funds. On January 9, Mizuho Securities lifted the price target on Broadcom Inc. (NASDAQ:AVGO) to $480 from $450 and reaffirmed an Outperform rating on the shares. The firm detailed that it adjusted price targets in the semiconductor and semiconductor capital equipment group to reflect its 2026 outlook, adding that it sees continued upside for the group in 2026 because of “attractive valuations” that are, however, more modest than 2025.

The firm’s top sectors for 2026 include AI accelerators and wafer fab equipment, Optical, and memory. However, Mizuho is remaining cautious on autos and analogs, electric vehicles, and computers and handsets. Broadcom Inc. (NASDAQ:AVGO) is among the firm’s top picks for 2026.

In another development, Goldman Sachs analysts added Broadcom Inc. (NASDAQ:AVGO) to their US Conviction List on January 5 and maintained a Buy rating on the stock with a $450 price target. The addition came as part of the firm’s monthly update, with the firm stating that Broadcom Inc.’s (NASDAQ:AVGO) “dominant” position in the enterprise networking silicon is expected to drive market share gains in customer silicon processors for the major hyperscalers in the US.

Broadcom Inc. (NASDAQ:AVGO) is a leading multinational technology company specializing in semiconductor and infrastructure software products.

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