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3 Reasons to Buy Broadcom Stock Like There's No Tomorrow

The Motley Fool
Summary
Nutrition label

79% Informative

Broadcom's AI -focused chips more than tripled in the second quarter , reaching $3.1 billion .

J.P. Morgan estimates the company's custom AI chips have a total addressable market of $150 billion over the next four to five years .

With shares down about 6% over the past three months , now could be a good time to buy the stock.

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78

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77

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22

Article tone

formal

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English

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44

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medium-lived

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8

https://www.fool.com/investing/2024/09/12/where-will-broadcom-stock-be-in-3-years/?utm_source=msnrss&utm_medium=feed&utm_campaign=article&referring_guid=a8798dae-ccae-4bf4-acc3-2443b3eebcadhttps://www.fool.com/legal/fool-disclosure-policy/?utm_source=msnrss&utm_medium=feed&utm_campaign=article&referring_guid=a8798dae-ccae-4bf4-acc3-2443b3eebcadhttps://www.fool.com/terms/f/forward-pe/?utm_source=msnrss&utm_medium=feed&utm_campaign=article&referring_guid=a8798dae-ccae-4bf4-acc3-2443b3eebcadhttps://www.fool.com/investing/stock-market/market-sectors/information-technology/ai-stocks/?utm_source=msnrss&utm_medium=feed&utm_campaign=article&referring_guid=a8798dae-ccae-4bf4-acc3-2443b3eebcadhttps://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=ea690aba-b06a-4160-876d-7bc569afa66b&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D10993%26source%3Disaeditxt0010955%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D16429%26ftm_veh%3Darticle_pitch_feed_msn%26company%3DBroadcom&utm_source=msnrss&utm_medium=feed&utm_campaign=article&referring_guid=a8798dae-ccae-4bf4-acc3-2443b3eebcadhttps://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=ea690aba-b06a-4160-876d-7bc569afa66b&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D10993%26source%3Disaeditxt0010955%26ftm_cam%3Dsa-bbn-evergreen%26ftm_veh%3Darticle_pitch_feed_msn%26ftm_pit%3D16429&utm_source=msnrss&utm_medium=feed&utm_campaign=article&referring_guid=a8798dae-ccae-4bf4-acc3-2443b3eebcadhttps://www.fool.com/author/2065/?utm_source=msnrss&utm_medium=feed&utm_campaign=article&referring_guid=a8798dae-ccae-4bf4-acc3-2443b3eebcadhttps://www.fool.com/earnings/call-transcripts/2024/09/05/broadcom-avgo-q3-2024-earnings-call-transcript/?utm_source=msnrss&utm_medium=feed&utm_campaign=article&referring_guid=a8798dae-ccae-4bf4-acc3-2443b3eebcad

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