Meet Wall Street's Newest $1 Trillion Artificial Intelligence (AI) Stock -- but Don't Rush to Buy It Just Yet
Broadcom(AVGO) The Motley Fool·2024-12-16 23:30
Up until the market opened on Friday, Dec. 13, America was home to seven technology companies worth $1 trillion or more:Apple: $3.7 trillion.Nvidia: $3.3 trillion.Microsoft: $3.3 trillion.Amazon: $2.4 trillion.Alphabet: $2.3 trillion.Meta Platforms: $$1.5 trillion.Tesla: $1.4 trillion.However, an eighth company just joined the ranks. Broadcom (AVGO 11.21%) stock surged 24% last Friday following the release of its financial results for fiscal 2024 (ended Nov. 3), catapulting the company into the exclusive $1 ...