Broadcom Hits $1 Trillion. Can It Continue Its Rally in 2025?

The stock market has seen multiple companies hit the $1 trillion mark in valuation in the past few years, the latest one being semiconductor company Broadcom (NASDAQ: AVGO). The stock's valuation more than doubled in 2024 as sales and profits have been soaring in recent quarters.But has it become too expensive and too late to invest in it after such a strong year and with the stock trading at close to 40 times its projected future profits? Or could this be just the start of a much bigger rally for Broadcom, with more gains to come in 2025?A big reason investors have been captivated by Broadcom is the semiconductor company's potential in terms of artificial intelligence (AI) opportunities. And prior to its big run-up in value, it was still one of the more modestly priced AI stocks, with a forward price-to-earnings multiple below 30.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool