Jim Cramer Says He'd Rather Own Broadcom (AVGO)

We recently published 9 Stocks Jim Cramer Talked About.  Broadcom Inc. (NASDAQ:AVGO) is one of the stocks Jim Cramer talked about.

Broadcom Inc. (NASDAQ:AVGO)’s shares have gained 49% over the past year. The firm has benefited from AI-generated attention due to its ability to design custom chips. Throughout 2025, Cramer continued to praise Broadcom Inc. (NASDAQ:AVGO) and its CEO, Hock Tan. The CNBC TV host believes that Tan is one of the best executives in the technology industry. Analysts have also started 2026 on a positive note for Broadcom Inc. (NASDAQ:AVGO). For instance, Goldman Sachs added the firm to its US Conviction List and kept a $450 share price target and a Buy rating for the stock on January 5th. The bank explained that Broadcom Inc. (NASDAQ:AVGO) enjoys a comfortable position in the enterprise silicon market. Goldman’s optimism followed a share price target hike by UBS in December when it increased the technology company’s price target to $475 from $472 and kept a Buy rating. In this appearance, Cramer discussed the dominance of hardware stocks over software and shared his preference for Broadcom Inc. (NASDAQ:AVGO):

“This is the software getting eaten by hardware, which is a little bit of a change. I come back and say, that Salesforce is going to fight. I think we should be buyers of Salesforce, because they have an agentics business. But at the same time, I’d rather own Broadcom, which is Hock Tan, potential winner.”

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 have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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