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Should You Invest $1,000 in Broadcom Right Now?


While most of the investing attention in the artificial intelligence (AI) realm is directed toward Nvidia (NASDAQ: NVDA), (NASDAQ: AVGO) is starting to gain momentum. Both companies are competing in the AI computing unit field, but Broadcom's product represents the next iteration that could really take off over the next few years.

But is it worth a $1,000 investment right now?

Image source: Getty Images.

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Source Fool.com

Broadcom Ltd. Stock

€280.80
0.540%
The Broadcom Ltd. stock is trending slightly upwards today, with an increase of €1.50 (0.540%) compared to yesterday's price.
With 92 Buy predictions and 2 Sell predictions Broadcom Ltd. is one of the favorites of our community.
With a target price of 306 € there is a slightly positive potential of 8.97% for Broadcom Ltd. compared to the current price of 280.8 €.
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