13 Most Profitable Growth Stocks to Buy Right Now

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1. Broadcom Inc. (NASDAQ:AVGO)

On February 26, Broadcom Inc. (NASDAQ:AVGO) said it is targeting sales of at least 1 million chips by 2027, using its stacked or 3D chip design technology. The update was reported by Reuters, which cited Harish Bharadwaj, Broadcom’s vice president of product marketing.

The technology places two chips on top of each other and tightly connects them to improve data transfer speeds. This new product target could create a potential multi-billion-dollar revenue opportunity for the company.

Broadcom Inc. (NASDAQ:AVGO) has spent about 5 years developing the technology. Fujitsu is the first company to adopt it and is currently producing engineering samples. The firm plans to start full production later this year. The one-million-chip target includes multiple designs beyond Fujitsu’s. The company expects to launch two additional stacking-based products in the second half of 2026. Additionally, it also plans to provide samples of 3 more designs in 2027. Future versions could include up to eight stacked pairs of chips.

On the same day as the above announcement, Oppenheimer analyst Rick Schafer maintained a Buy rating on Broadcom Inc. (NASDAQ:AVGO) and set a price target of $450, confirming the bullish sentiment around the stock.

Broadcom Inc. (NASDAQ:AVGO) operates as a developer, designer, and supplier of a range of semiconductor devices and infrastructure software solutions globally. It operates through the  Infrastructure Software and Semiconductor Solutions segments. The company was incorporated in 1961 and is based in Palo Alto, California.

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.

READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading Into 2026 and Goldman Sachs Value Stocks: 10 Stocks to Buy.

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