Analysts are bullish on Broadcom (AVGO) stock and two others that could sneakily surge in the remainder of 2025. Analysts at Zacks Research are eyeing AVGO, JPM, and QCOM as potential outperformers this year.
Since hitting an all-time high in December 2024, AVGO stock has taken a tumble. In 2025 thus far, its shares are down 18%. Broadcom has fallen off along with most of the stock market in 2025, especially big tech. Since Donald Trump’s inauguration, the markets are worrisome as tariff talks are affecting investor confidence in US stocks. Fortunately, Broadcom shared a strong Q4 2024 earnings report that helped its stock recover slightly. However, with shares trading lower, the potential to rebound for big gains is certainly possible.
According to Zacks, Broadcom’s shares have outperformed the Zacks Electronics – Semiconductors industry over the past year by over 40%. “The company is benefiting from strong demand for its networking products and custom AI accelerators (XPUs) as witnessed in first-quarter fiscal 2025,” the analysts say. “Strong demand for Broadcom’s application-specific integrated chips (ASICs), designed to support AI and machine learning, aids top-line growth.” Broadcom’s expanding AI portfolio, along with a rich partner base, reflects solid top-line growth potential for AVGO stock.
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Zacks researchers are also bullish on JPMorgan Chase (JPM) and Qualcomm Inc. (QCOM). Shares of JPMorgan Chase have gained +23.5% over the past year against the Zacks Financial – Investment Bank industry’s gain of +25.4%. The company’s Strategic buyouts, branch openings, and decent loan demand will aid the company. With interest rates likely to remain high for longer, its net interest income (NII) will get support, boosting its stock potential in 2025.
Qualcomm Inc. (QCOM), meanwhile, is a sneaky stock to invest in now due to analysts suggesting it is undervalued. Zack’s suggests the company is underperforming to start 2025, but is due a rebound. With the accelerated rollout of 5G technology, it is benefiting from investments toward building a licensing program in mobile. The acquisition of Veoneer, Inc. has significantly strengthened QCOM’s position in the emerging market of driver-assistance technology.
