What Is One of the Best Growth Stocks to Hold for the Next 5 Years?

Core Insights - Broadcom is positioned as a standout tech company with an AI-driven backlog, multiple revenue streams, and a strong execution history, making it a compelling growth stock for the next five years [1] Group 1: AI-Driven Backlog - Broadcom has built an impressive AI-specific backlog of approximately $73 billion, which is part of a total backlog of $162 billion [2] - The AI-related orders include $21 billion from Anthropic, indicating strong demand in the AI sector [2] Group 2: Revenue Streams and Competitive Position - Broadcom's business model includes both chips and software solutions, providing diversified revenue streams that create a competitive advantage [3] - The company has contracts with major players in AI, such as Alphabet's Google and Meta Platforms, enhancing its market position [3] Group 3: Stock Performance and Investment Considerations - Broadcom's stock has seen a decline of over 7% at the start of 2026, presenting a potential buying opportunity for long-term investors [5] - The stock has been trading at a premium, but its growth trajectory and leadership in AI infrastructure and chips suggest a promising future [5] - Despite not being included in a list of top recommended stocks, Broadcom's stock has risen over 500% in the past five years, reflecting its strong performance [7]