Broadcom Inc. (NASDAQ:AVGO) is one of the 10 Best AI Stocks to Buy for the Next 10 Years. On March 6, Aletheia reiterated its Buy rating on Broadcom Inc. (NASDAQ:AVGO). This update came after the company released its latest earnings results, which the research firm sees as almost perfect.

Aletheia pointed out that Broadcom Inc. (NASDAQ:AVGO) beat expectations across all key metrics, including AI revenue growth in both the short and long term, steady margins, progress on customer projects, and capital returns. The research firm also noted that the company’s management was ready to respond to concerns raised by analysts.

However, Aletheia pointed out some possible risks, including comments about the adoption of co-packaged optics (CPO), which could disappoint investors, especially as NVIDIA Corporation (NASDAQ:NVDA) is pushing CPO strongly. The research firm also questioned what future growth drivers remain, as management already discussed estimates for 2027 and 2028. Aletheia believes the current valuation multiples for both Broadcom Inc. (NASDAQ:AVGO) and NVIDIA Corporation (NASDAQ:NVDA) still look low considering their growth trajectory.

On March 5, Cantor Fitzgerald also reiterated its Overweight rating on Broadcom Inc. (NASDAQ:AVGO) with a price target of $525 after the company’s earnings report and guidance update.

Cantor Fitzgerald pointed out that the company guided for AI revenues surpassing $100 billion in fiscal year 2027. This is higher than the research firm’s earlier estimate of $95 billion.

Broadcom Inc. (NASDAQ:AVGO) is an American multinational technology company that designs, develops, and supplies a wide range of semiconductor, enterprise software, and security solutions.

While we acknowledge the potential of AVGO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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