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Broadcom’s 340% Rally Has Wall Street Debating If It's Magnificent Seven Material

Summary by Wall Street Pit

Broadcom Inc. (AVGO) has surged 340% since 2023, reaching a $1.2 trillion market cap, driven by AI-related chip and networking businesses, positioning it as a potential Magnificent Seven member. Analyst estimates project Broadcom’s sales to grow 22% in fiscal 2025 and 21% in 2026, second only to Nvidia (NVDA), while…

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Broadcom’s 340% Rally Has Wall Street Debating If It's Magnificent Seven Material

1 day ago·United States

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Wall Street Pit

Broadcom Enters the Chat: Wall Street Weighs Magnificent Seven Status - Wall Street Pit

Broadcom Inc. (AVGO) has surged 340% since 2023, reaching a $1.2 trillion market cap, driven by AI-related chip and networking businesses, positioning it as a potential Magnificent Seven member. Analyst estimates project Broadcom’s sales to grow 22% in fiscal 2025 and 21% in 2026, second only to Nvidia (NVDA), while…

1 day ago

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Wall Street Pit broke the news in 1 day ago on Wednesday, June 18, 2025.

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