Broadcom Stock Alert: Is Now the Best Time to Buy AVGO Shares?

Broadcom (NASDAQ:AVGO) is well-known as a leader in 5G semiconductors, but it’s also a chip stock that lags behind many of the top names in this sector — most notably Nvidia (NASDAQ:NVDA).The company powers the sort of data throughput and connectivity we all rely on with its advanced chips and RF solutions. In 2023, the company’s 5G and AI revenues hit $5.9 billion and $4.2 billion, respectively, out of $28.2 billion total income. Notably, Broadcom stock has been on a tear of late, nearly doubling over the ...