AVGO Stock Recent News

The year is halfway over, and artificial intelligence (AI) investing hasn't gone anywhere. Companies are sticking to their plan to spend a record amount on data centers, which are primarily used to power the ever-growing AI workloads.

The so-called "Magnificent Seven" stocks -- Alphabet, Apple (AAPL 2.25%), Amazon, Meta Platforms, Microsoft, Nvidia, and Tesla (TSLA 4.77%) -- provided much of the driving force behind the market's strong growth over the past several years. However, these tech stocks are seeing some uneven performance in 2025, and it may be time for this informal group -- first labeled by a Bank of America analyst in 2023 -- to get a makeover.

Broadcom NASDAQ: AVGO just got a new price target that signals significant upside ahead for the stock. On Monday, Blayne Curtis of Jefferies reiterated his buy rating on the chip giant and boosted his price target from $300 to $315.

A Wall Street analyst on Wednesday named Broadcom stock as his “top pick” among semiconductor stocks.

Broadcom Inc. is a core AI transformation play, with a diversified hardware/software mix and strong partnerships, notably with Google for next-gen TPU development. Financials remain stellar: expanding margins, strong free cash flow, and healthy balance sheet support ongoing innovation and shareholder value creation. Despite high valuation ratios, my DCF analysis shows AVGO stock is undervalued with 14% upside.

Broadcom, Inc. (AVGO) up 11,860% since first Big Money outlier signal in 2011.

My July 2025 watchlist focuses on high-yield, attractively valued stocks, aiming for a 12% long-term CAGR and outperforming benchmarks. Since its inception, my watchlist has a CAGR of 15.11%, performing in-line with SPY and VYM, while providing a superior dividend yield. The June 2025 watchlist includes 10 stocks with an average forward dividend yield of 3.54% and an expected return of 13.62%.

Key Points ARK Innovation ETF (NYSEARCA: ARKK) has surged to a 52-week high, rebounding from a low of $36 to $71 as core holdings like Nvidia (NASDAQ: NVDA), Coinbase (NASDAQ: COIN), and Palantir (NYSE: PLTR) regain investor confidence. Cathie Wood’s long-term commitment to speculative tech and fintech names through deep selloffs has been validated by recent profitability and market acceptance of early-stage bets. ARKK remains a high-volatility, high-conviction play best suited for younger or risk-tolerant investors seeking aggressive growth exposure in disruptive innovation sectors. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; get started by clicking here.(Sponsor) Watch the Video https://videos.247wallst.com/247wallst.com/2025/06/8-ARKK-Innovation-ETF-Rallies-to-Year-Hi

Live Updates Live Coverage Has Ended MSFT Trades at New Highs 12:41 pm by Gerelyn Terzo Big Tech stock Microsoft (Nasdaq: MSFT) has soared to a fresh all-time high of nearly $500 per share, for a market cap of $3.7 trillion. Nvidia (Nasdaq: NVDA) still holds the crown as the most valuable listed company on the planet, with a market cap of $3.8 trillion. The Nasdaq Composite is currently up 0.26%. Market Movers 10:18 am by Gerelyn Terzo Building products company GMS (NYSE: GMS) is up nearly 12% after a subsidiary of Dow component Home Depot (NYSE: HD) won a bidding war to acquire the company. Shares of HD are down slightly, as is typical with the buying entity. Financial stocks Goldman Sachs (NYSE: GS) and Wells Fargo (NYSE: WFC) are up 2% and 1%, respectively, after passing the Federal Reserve’s banking stress test with flying colors. Bullish on Broadcom 9:58 am by Gerelyn Terzo Jefferies analysts have reiterated their “buy” rating on Broadcom (Nasdaq: AVGO) while lif

After declines earlier in the year, many artificial intelligence (AI) stocks have rebounded and even skyrocketed amid optimism that U.S. trade decisions won't weigh heavily on growth. Which of these players might continue to soar after reaching record highs recently?