Jim Cramer Says Broadcom Is Poised for a Comeback
Cramer stays bullish on AVGO despite recent AI chip turbulence. The stock is up 42% over the past year.
Jim Cramer isn't backing down on Broadcom. The CNBC host has been consistently bullish on AVGO, and even as AI chip stocks took a hit, he's keeping the faith that the semiconductor giant has more room to run.
Broadcom shares are already up 42% over the past year — not a bad run by any measure. But Cramer's thesis is that the selloff in AI-related names isn't a signal to bail. He specifically cautioned investors that the recent dip in AI chips did not represent a market bottom, suggesting more volatility could be ahead before the real recovery kicks in.
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For retail traders, that's a double-edged message. Cramer sees long-term upside in AVGO, but he's not calling a short-term entry point. If you're waiting for the absolute bottom, he's telling you not to get too cute — the bounce, when it comes, could be fast and punishing for anyone sitting on the sidelines.
Broadcom has carved out a strong position in the AI infrastructure buildout, supplying custom chips and networking gear that hyperscalers depend on. That structural demand isn't going away, which is the core of the bull case — and why Cramer keeps coming back to this name even when the tape gets ugly.
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