Quick Read

• AVGO fell 14% after strong Q2 earnings, and our model now sees a path to $504 with 27% upside over 12 months.

• Hock Tan guided Q3 AI revenue to $16 billion, representing over 200% year-over-year growth, while 44 analysts rate AVGO Buy with zero Sells.

• Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Broadcom didn’t make the cut. Grab the names FREE today.

Broadcom (NASDAQ:AVGO) just took one of the sharpest post-earnings drawdowns of the AI cycle, falling 13.78% in a single week despite posting 47.87% revenue growth and an eighth straight EPS beat. That dislocation is exactly why our model now sees meaningful upside back toward, and through, the $500 line.

The stock…