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Rising AI Infrastructure Demand Paints A Nuanced Tale For Direxion's AVGO-Focused Bull, Bear ETFs
Benzinga· 2026-01-28 13:47
ZINGER KEY POINTS:While Broadcom stock has benefited from rising AI spending, soaring valuations remain a concern for many.Direxion's AVGO-focused AVL and AVS ETFs allow traders to bet on either narrative.Overall, it's difficult to argue against the technical posture of AVGO stock. In the past 52 weeks, the equity gained over 35%, a beneficiary of the broadening utility of machine learning protocols. In recent years, AI has ceased to become a novelty item and has transitioned instead into an integral innova ...