Jim Cramer Talked About These 12 Stocks Recently

3. Broadcom Inc. (NASDAQ:AVGO)

Number of Hedge Fund Holders: 161

Cramer was bullish on Broadcom Inc. (NASDAQ:AVGO) and suggested waiting for a pullback before buying more.

“I like Broadcom so much. I’ve gotta tell you, I think it is just, it is just terrific and I’d like at the pull back to be able to buy more. That’s my approach.”

Broadcom (NASDAQ:AVGO) is focused on the design, development, and production of semiconductor devices, boasting a strong track record in semiconductor design. Aristotle Atlantic Partners, LLC stated the following regarding the company in its Q4 2024 investor letter:

“Broadcom Inc. (NASDAQ:AVGO) contributed to performance in the fourth quarter as the company’s third quarter results demonstrated continuing strength for its AI networking and custom accelerator semiconductor business. The company also gave long-term guidance for the service addressable market (SAM) opportunity for its AI-related business, indicating a market opportunity of $60 billion to $90 billion, which only includes contributions from its current three customers. This long-term outlook for AI semiconductor content exceeded investor expectations. Broadcom’s quarterly results also showed the company is ahead on its VMware integration timeline to achieve $8.5 billion in EBITDA, which will support long-term gross and operating margin expansion for the company.”