Chase Coleman’s Tiger Global Portfolio: 10 Best Stocks to Buy

7. Broadcom Inc. (NASDAQ:AVGO)

Market value of shares owned: $1,109,535,781

% of portfolio: 4.86%

Broadcom Inc. (NASDAQ:AVGO) is one of the top 10 best stocks in Chase Coleman’s Tiger Global portfolio.

On June 4, 2026, Bank of America raised the price target on Broadcom Inc. (NASDAQ:AVGO) from $450 to $530 while keeping a Buy rating on the company’s stock. The fiscal second-quarter results and third-quarter guidance modestly beat consensus; however, the firm’s analyst emphasized that absolute AI growth remains firmly on track. Year-over-year AI revenue is anticipated to grow approximately 180% in FY26 and nearly 100% in FY27. Beyond a strong Google TPU base, multiple new custom XPU accounts, including OpenAI, Anthropic, and Meta, are expected to drive up production in the upcoming quarters.

Prior to this, Broadcom Inc. (NASDAQ:AVGO) reported its second quarter of 2026 earnings results, highlighting revenue of $22,187 million, up 48% year-over-year. The company attributed the growth primarily to the accelerating AI semiconductor demand. AI semiconductor revenue went up by 143% to $10.8 billion. For Q3, the company anticipates a revenue of approximately $29.4 billion, an 84% yearly increase, and projects AI revenue for the quarter to exceed $16.0 billion. The board also approved a quarterly cash dividend of $0.65 per share payable on June 30, 2026, to unit holders of record on June 22, 2026.

The global technology company, Broadcom Inc. (NASDAQ:AVGO), designs, develops, and supplies a broad portfolio of semiconductor and infrastructure software products. Initially established in 1961 as a division of Hewlett-Packard, it operates today as a combined entity from a 2016 acquisition. The company has its headquarters in California.

1281292 - 11759070 - 1