Bernstein named Broadcom a best idea, saying the chipmaker could jump more than 20%. Bank of America and Goldman Sachs, meanwhile, initiated Zeekr with buy rating, calling for strong gains ahead for the Chinese EV maker. Check out the latest calls and chatter below. All times ET. 5:55 a.m.: Oppenheimer initiates Flutter Entertainment at outperform Flutter Entertainment could be big winner ahead, according to Oppenheimer.
mountain AVGO year to date Despite these gains, Rasgon thinks the company's valuation "remains compelling, inline with history vs industry for a story that has only gotten better with age." On top of that, it "remains among the cheapest of all the 'AI play' semis, with a better narrative than many peers," the analyst said. Broadcom shares trade at about 28 times forward earnings, while AI darling Nvidia has a multiple of 42.