Dickens: VMware Acquisition, A.I. Growth Puts AVGO in 'Mag 8'

Steven Dickens sees Broadcom (AVGO) as a "more balanced business" with an expanding A.I. runway. He points to its VMware acquisition and growing list of partnerships with companies like Alphabet (GOOGL) as tailwinds. He notes a correlation with Broadcom and Nvidia (NVDA), but sees that correlation diverging with Broadcom's software exposure.

The Watch List

05 Jun 2025

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