Stacy Rasgon’s Prediction About Broadcom (AVGO) Was Right

We recently published Top 10 Analyst Calls on Trending Stocks You Shouldn’t Miss. Broadcom Inc. (NASDAQ:AVGO) is one of the major analyst calls. Stacy Rasgon, Bernstein senior U.S. semiconductor analyst, said in a CNBC program in May that AI demand is “off the charts” and CapEx is not slowing as it was feared. Rasgon liked Broadcom Inc (NASDAQ:AVGO) amid the company’s AI and software exposure: “Look, I’ve liked the AI names. I felt that whereas for a lot of these other end markets people were really worr ...