Bernstein Reiterates Broadcom (AVGO) as Outperform, Highlights AI Revenue Growth

Insider Monkey01-09

We recently published a list of Top 10 AI Stocks on Wall Street’s Radar. In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against other AI stocks on Wall Street...

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(NASDAQ:AVGO) stands against other AI stocks on Wall Street...</p>\n\n<a href=\"https://finance.yahoo.com/news/bernstein-reiterates-broadcom-avgo-outperform-182255724.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bernstein Reiterates Broadcom (AVGO) as Outperform, Highlights AI Revenue Growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBernstein Reiterates Broadcom (AVGO) as Outperform, Highlights AI Revenue Growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-01-09 02:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bernstein-reiterates-broadcom-avgo-outperform-182255724.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We recently published a list of Top 10 AI Stocks on Wall Street’s Radar. In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against other AI stocks on Wall Street...</p>\n\n<a href=\"https://finance.yahoo.com/news/bernstein-reiterates-broadcom-avgo-outperform-182255724.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AVGO","symbol_name":"博通","start_time":0,"source_url":"https://finance.yahoo.com/news/bernstein-reiterates-broadcom-avgo-outperform-182255724.html","article_id":"2502701474","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2502701474","pubTimestamp":1736360575,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"We recently published a list of Top 10 AI Stocks on Wall Street’s Radar. In this article, we are going to take a look at where Broadcom Inc.  stands against other AI stocks on Wall Street's Radar.As reported by Reuters, Wall Street’s main indexes rose on Monday to more than one-week highs, driven by a rally in semiconductor stocks and news suggesting that the incoming Trump administration could adopt a less aggressive tariff stance than previously anticipated.Microsoft has recently announced that it plans to invest $80 billion in AI-enabled data centers in fiscal 2025, suggesting how semiconductor demand is expected to remain strong this year. According to Citigroup, the company’s spending plan was a “modest positive” update as it removed the risk of a drop in capital expenditures.Why are we interested in the stocks that hedge funds pile into?The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quar","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["rate","earning"],"viewcount":null,"language":"en","relate_stocks":{"AVGO":"博通","AVGOP":"BROADCOM INC PFD SER A 22"},"translate_title":"伯恩斯坦重申博通(AVGO)跑赢大盘，强调人工智能收入增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AVGO":1,"AVGOP":1},"content_text":"We recently published a list of Top 10 AI Stocks on Wall Street’s Radar. In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against other AI stocks on Wall Street's Radar.\nAs reported by Reuters, Wall Street’s main indexes rose on Monday to more than one-week highs, driven by a rally in semiconductor stocks and news suggesting that the incoming Trump administration could adopt a less aggressive tariff stance than previously anticipated.\nREAD ALSO: Top 10 AI Headlines Shaping Wall Street for 2025 and 10 AI Stocks Taking Wall Street by Storm \nMicrosoft has recently announced that it plans to invest $80 billion in AI-enabled data centers in fiscal 2025, suggesting how semiconductor demand is expected to remain strong this year. According to Citigroup, the company’s spending plan was a “modest positive” update as it removed the risk of a drop in capital expenditures.\nEver since OpenAI launched ChatGPT in 2022, investments in AI have surged drastically. Since AI requires drastic computing power, tech companies have been investing billions to enhance their AI infrastructures and broaden their data center networks. The race, however, isn’t just limited to the US. Efforts are being made to protect the country’s leadership in AI against the rest of the world, particularly China. China, in turn, has begun offering developing countries subsidized access to scarce chips, and it’s also promising to build local AI data centers. Moves like these could position the country as an AI leader in the future, something that the US is actively making efforts to avoid.\nHowever, regardless of the capital expenditures companies are making toward AI, one analyst says that these are no longer going to be enough in 2025. David Dietze of Peapack Private Wealth Management said that a major theme for 2025 is going to be “Show Me The Money”. Dietze said that even though major companies have been investing billions in AI partnerships and similar initiatives, investors are soon going to be demanding proof of returns.\n\n“Wall Street’s the type of place where it’s like, ‘Show me the money, like, yesterday…These investments and capital expenditures are great, but when does the cash flow start coming in? And right now many AI companies have gotten a pass on that, but I think increasingly Wall Street’s going to say, ‘No, we’ve seen the capital expenditures, you’ve got the AI label, but now we want to see the cash flows coming in from that. And that’s what we’re gonna be watching so carefully next year”.\n– David Dietze, Peapack Private Wealth Management.\n\nFor this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds.\nWhy are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).\n A technician working at a magnified microscope, developing a new integrated circuit. \nBroadcom Inc. (NASDAQ:AVGO)\nNumber of Hedge Fund Holders: 128\nBroadcom Inc. (NASDAQ:AVGO) is a technology company that offers custom chips and networking assets. One of the biggest analyst calls on Wall Street on Monday, January 6th, was for Broadcom. Bernstein reiterated the stock as “Outperform”, stating that it is bullish on it in 2025. The company has had a remarkable 2024, reporting a 220% year-over-year growth in AI-related revenue for its 2024 fiscal year, which amounts to US$12.2 billion. Moreover, the completion of the acquisition of VMWare is anticipated to contribute positively to Broadcom’s financial performance. Broadcom (NASDAQ:AVGO) also targets $60 to $90 billion in AI revenue by FY’27, implying strong growth potential in the AI sector.\n\n“Our top AI picks remain NVDA (still the best way to play AI and right at the start of a new product cycle), and AVGO (benefiting from their own potential ‘Nvidia’ moment as well as a significantly-reset core and significant VMware accretion on the way)”.\n\nOverall, AVGO ranks 3rd on our list of AI stocks on Wall Street's Radar. While we acknowledge the potential of AVGO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AVGO but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.\nREAD NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock\nDisclosure: None. This article is originally published at Insider Monkey.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2502701474"}