5 Safe Stocks to Buy for the Long Term in 2026

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1. Broadcom Inc. (NASDAQ:AVGO)

Number of Hedge Fund Holders: 173

On May 27, Broadcom Inc. (NASDAQ:AVGO) announced a partnership with Samsung Electronics to introduce a new broadband-focused reference platform for the global fixed wireless access (FWA) market. The platform combines Broadcom’s BCM6776 Wi-Fi 8 System-on-Chip (SoC) with Samsung’s B1320 5G Modem.

The companies said the platform is the first to bring together 3GPP Release 17 connectivity and the emerging Wi-Fi 8 (IEEE 802.11bn) standard. With broadband demand continuing to grow worldwide, the new platform is designed to improve reliability and deliver more stable network performance.

Broadcom and Samsung said the platform was built with large-scale deployment in mind. It offers mobile operators a cost-effective way to provide fiber-like broadband services while supporting faster service development and wider ecosystem expansion. Several major original equipment manufacturers (OEMs) are already integrating the B1320 and BCM6776 platform into their next-generation gateway products, according to the companies.

Broadcom Inc. (NASDAQ:AVGO) develops semiconductors and infrastructure software for organizations handling complex and mission-critical technology operations.

While we acknowledge the potential of AVGO to grow, 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: 10 Best Blue Chip Stocks to Buy for Your Retirement Portfolio and 10 Best June Dividend Stocks to Buy

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