Broadcom Stock More Than Doubled In 2024, This Is Just The Beginning (Rating Upgrade)
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Broadcom's stock more than doubled in 2024 due to excitement around 'custom silicon' and AI trends. The stock has been upgraded to a 'buy' rating, indicating potential for further revenue growth.
January 06, 2025 | 9:15 am
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Broadcom's stock has more than doubled in 2024 due to market excitement around 'custom silicon' and AI trends. The stock has been upgraded to a 'buy' rating, suggesting further potential for revenue growth.
The article highlights Broadcom's significant stock price increase in 2024, driven by industry trends in 'custom silicon' and AI. The upgrade to a 'buy' rating suggests analysts see further growth potential, likely positively impacting the stock price in the short term.
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