5 Best Forever Stocks to Buy Now

4. Broadcom Inc. (NASDAQ:AVGO)

Stock Upside Potential: 45.67%

Number of Hedge Fund Holders: 202

Broadcom Inc. (NASDAQ:AVGO) is one of the best forever stocks to buy now. On March 12, Broadcom Inc. (NASDAQ: AVGO) announced the expansion of its open, scalable, and power-efficient artificial intelligence infrastructure portfolio, positioning itself for the 200T AI era.

The company plans to showcase leading solutions, including 3.5D XPU, a 102.4T Ethernet switch with co-packaged optics (CPO), a 400G/lane optical DSP, 200G/lane Ethernet retimers and AEC, and PCIe Gen6 switches and retimers designed for gigawatt-scale AI clusters. In addition, the company plans to showcase novel technologies at the 2026 Optical Fiber Communications Conference and Exhibition (OFC), underscoring its commitment to developing advanced AI infrastructure solutions.

Additionally, the company is collaborating with more than 30 partners to demonstrate a wide array of its industry-leading solutions. It is part of the company’s roadmap to 200T to provide partners with an interoperable, low-power foundation required for the construction of large AI clusters.

“The explosion of generative AI demands an open, end-to-end fabric that can scale without compromise,” said Charlie Kawwas, Ph. D., president of Broadcom’s Semiconductor Solutions Group. “From the industry’s first and only shipping 102T Ethernet switch to our first-to-market 400G/lane optical DSPs, we are out-innovating the market to solve the most complex power and bandwidth challenges with open standards for scale-up, scale-out, and scale-across connectivity.

Broadcom Inc. (NASDAQ:AVGO) is a leading global technology company that designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions. They are critical players in AI data center networking, custom AI chips (ASICs), broadband, wireless connectivity (smartphone components), and enterprise software, including virtualization via VMware.