Deutsche Bank Reiterates Buy on Broadcom (AVGO) as AI Momentum Builds

Broadcom Inc. (NASDAQ:AVGO) is one of the AI Stocks Analysts Are Tracking CloselyOne of the biggest analyst calls on Monday, August 25, was for Broadcom. Deutsche Bank reiterated the stock as “Buy” stating that the stock is well positioned ahead of earnings in early September.

“Further, the company continues to expect an eventual cyclical turnaround in its core communications and networking businesses, albeit with that event likely in 2026. As such, we remain optimistic on the fundamental growth prospects for AVGO and maintain our Buy rating.”

Deutsche Bank Reiterates Buy on Broadcom (AVGO) as AI Momentum Builds

Broadcom is a technology company uniquely positioned in the AI revolution owing to its custom chip offerings and networking assets.

While we acknowledge the risk and potential of AVGO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AVGO and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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