Billionaire Chris Rokos’ Top 15 Stock Picks

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3. Broadcom Inc. (NASDAQ:AVGO)

Number of Hedge Fund Holders: 128

Rokos Capital Management’s Stake: $204.4 million 

Broadcom Inc. (NASDAQ:AVGO) supplies semiconductor infrastructure software solutions. The following factors underscore why the company is a solid investment opportunity. First of all, Broadcom’s fiscal year 2024 revenue grew 44% year-over-year to a record $51.6 billion, as infrastructure software revenue grew to $21.5 billion on the successful integration of VMware. In addition, Semiconductor revenue was a record $30.1 billion, driven by AI revenue of $12.2 billion. Total AI revenue grew 220% year-on-year, driven by leading AI XPUs and Ethernet networking portfolio. Additionally, the company’s robust financial health, evidenced by a 75.2% gross profit margin and $25.36 and high-speed networking, positions it well to capitalize on the growing demand for AI infrastructure.

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