Bernstein Remains Bullish on Broadcom (AVGO)

Broadcom Inc. (NASDAQ:AVGO) is one of the best stocks to invest in right now. In a report released on September 16, Stacy Rasgon from Bernstein maintained a Buy rating on Broadcom Inc. (NASDAQ:AVGO) and set a price target of $400.00.

Broadcom Inc. (NASDAQ:AVGO) reported $15.952 billion in revenue in fiscal Q3 2025, up 22% compared to the same period last year.

GAAP net income for the quarter reached $4.140 billion, while net income was $8.404 billion. The company also reported an adjusted EBITDA of $10.702 billion, or 67% of revenue.

Broadcom Inc. (NASDAQ:AVGO) is a leading multinational technology company specializing in semiconductor and infrastructure software products.

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Disclosure: None. This article is originally published at Insider Monkey.