Broadcom Up 24% in a Month: How to Play AVGO Ahead of Split?

Broadcom (AVGO) shares have gained 24.5% in a month, outperforming the S&P 500 index’s return of 3.63%. It has garnered a lot of investors' attention in recent times thanks to its growing prowess in the AI space, as well as a 10-for-1 stock split.AVGO is benefiting from the growing demand for AI infrastructure and the strong deployment of generative AI. Broadcom’s solutions are suitable for addressing the needs of an increasing AI workload and the growing need for fast networking in data centers.In the seco ...