Here’s What Aletheia Has to Say About Broadcom (AVGO)

Broadcom Inc. (NASDAQ:AVGO) is one of the Best Technology Stocks to Buy for the Long Term. On March 6, Aletheia released a research note on Broadcom Inc. (NASDAQ:AVGO) with a Buy rating following the company’s fiscal Q1 2026 earnings reported on March 4.

The research firm noted that the company topped expectations across all key metrics, including AI revenue growth for both near-term and long-term periods, margin sustainability, customer project rollouts, and capital return. Moreover, management was also prepared to effectively address negative arguments from analysts.

Aletheia said in the research note that they highlighted potential concerns including CPO adoption that may disappoint as Nvidia is pushing CPO aggressively. The firm also questioned the growth drivers with the management amid their 2027 and 2028 growth estimates.

Here's What Aletheia Has to Say About Broadcom (AVGO)

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As a result of the discussions, the firm concluded that Nvidia and Broadcom are logical AI proxies and noted that multiples for both companies appear too low given their growth trajectory.

Broadcom Inc. (NASDAQ:AVGO) is a semiconductor and infrastructure software company. It designs and supplies products, including custom chips, networking solutions, and enterprise software used across industries such as cloud computing, telecommunications, and data centers.

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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