Key Points A couple of underwhelming earnings reports have weighed on Broadcom's stock of late. The business, however, continues to experience strong growth due to artificial intelligence. The stock's valuation looks light compared to the average stock on the S&P 500. 10 stocks we like better than Broadcom › Broadcom (NASDAQ:AVGO) 's stock has soared close to 600% over the past five years. But lately, things haven't been as rosy for the custom chipmaker. After reaching highs of nearly $500 earlier this year, the stock has struggled to get back to anywhere near those levels again; currently, it's down around 30% from its 52-week high.
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