This is how I see the next phase playing out.
I’m completely out of the market rn sounds stupid and is honestly a risky move but I’m willing to take that risk.
We are in a BEAR market remember that.
D.A. Davidson upgraded Broadcom $AVGO to Buy from Neutral, raising its price target to $400 from $350.
Analyst Gil Luria believes Anthropic's IPO will proceed, with OpenAI potentially following in 2027, providing fresh capital to support Broadcom's AI chip demand.
He says AVGO trades at just 16x 2027 EPS, as if the chances of both IPOs happening are “near zero,” creating significant upside if they materialize.
This could be the last chance to get $AVGO at the Weekly Smart Money Zone.
I'd expect a new all-time high within the next 6–8 months.
Stop loss: break of structure under $290