Broadcom Stock Could Be an Excellent Way to Ride the AI Wave

By Parkev Tatevosian, CFA – Jun 23, 2023 at 4:00AM

NASDAQ: AVGO

Broadcom

Market Cap

$623B

Today's Change

(3.84%) $49.65

Current Price

$1,344.07

Price as of April 26, 2024, 4:00 p.m. ET

Artificial intelligence is taking the world by storm, and Broadcom could be at the center.

Fool.com contributor Parkev Tatevosian highlights how Broadcom (AVGO 3.84%) is capitalizing on the growth of large language models.

*Stock prices used were the afternoon prices of June 20, 2023. The video was published on June 22, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Broadcom. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.