10 AI Stocks Dominating Wall Street

4. Broadcom Inc. (NASDAQ:AVGO)

Number of Hedge Fund Holders: 128

Broadcom Inc. (NASDAQ:AVGO) is a technology company uniquely positioned in the AI revolution owing to its custom chip offerings and networking assets. On February 7, CNBC reported that Morgan Stanley has reiterated the stock as “Overweight”, stating that it sticking with the AI winners, Broadcom and Nvidia.

“We remain positive longer term, with a focus on AI (NVDA, AVGO) as well as value beneficiaries of a cycle snapback, such as ADI, MKSI, and WDC.”