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Jim Cramer Discusses Broadcom (AVGO) Stock
Jim Cramer has frequently praised Broadcom (AVGO) and its CEO, Hock Tan. Jefferies and UBS both maintain “Buy” ratings on the stock, citing its strong position in the AI sector and potential benefits from growing demand for tensor processing units. Despite its strong performance, Cramer believes the stock should be up even more, acknowledging NVIDIA’s dominance but highlighting Broadcom’s solid standing.