We recently compiled a list of the 10 Buzzing AI Stocks According to Goldman Sachs. In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against the other buzzing AI stocks.

Wall Street’s view on the stock remains bullish despite the recent pullback. Broadcom currently has a Strong Buy consensus rating based on 23 Buy and three Hold recommendations assigned in the past three months. At $198.66, the average AVGO stock price target implies 34% upside potential.

Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) jumped 6.1% in the afternoon session after markets rebounded (Nasdaq up 1.8%, S&P 500 up 0.8%) after shaking off the initial negative reaction to the August inflation report by the Bureau of Labor Statistics.