An Insider Bought Almost $10 Million of this AI Stock: Should You?
After Nvidia's (NASDAQ: NVDA) massive 2023 run, investors are now looking for the next big AI stock to enjoy similar growth and profitability. Broadcom (NASDAQ: AVGO), which is actually the second-largest semiconductor company in the U.S. and fourth-largest globally by market cap, soon found favor with investors as another lower-priced AI play this year. As its name implies, Broadcom has a diversified and highly profitable portfolio across several technology end markets.