Billionaire Steve Cohen Is Selling This Hot Artificial Intelligence (AI) Stock

Broadcom is priced the same as other strong-performing AI stocks.Artificial intelligence (AI) investing has been a major theme in the markets in 2023 and 2024, and will likely be a trend in 2025 as well. One of the top AI stocks that many investors have piled into is Broadcom (AVGO -1.84%). The stock is up around 60% this year, making it a top performer in the market. However, not every investor is confident that Broadcom can continue its run. Point72, run by billionaire Steve Cohen, slashed its Broadcom ho ...