Broadcom Inc. (AVGO) Is the best aggressive growth stock to buy now?

We recently collected a list of the 13 best aggressive growth shares to buy now. In this article, let’s take a look at where Broadcom Inc. (NASDAQ: AVGO) It is against other aggressive growth stocks.

North -American stocks performed a positive performance on Wednesday, April 23, after President Trump stated that he does not intend to shoot Federal Reserve President Jerome Powell. This statement helped relieve Wall Street’s fears on the independence of the Central Bank. In addition, Trump softened his tone about rates and suggested that the high rights to Chinese imports could be reduced in the future.

Also read: 14 best -American -American technology actions to buy now and 10 best electronic components actions to buy now.

Nasdaq led the gains as it increased by 2.5%. The S&P 500 increased almost 1.7%and the industrial average of Dow Jones increased by around 1.1%or 400 points. At the beginning of the day, Nasdaq increased by 4% at a time and Dow had added about 1,100 points. However, these benefits faded after the Treasury Secretary, Scott Bessent, told journalists that there has been “no unilateral offer of the President to escalate” the trade war with China.

Despite this shooter, Wall Street remained optimistic due to the softer tone of President Trump in both the Fed and the rates. On Tuesday, Trump said that he hopes that China’s rates will go down significantly after Bessent would have called the current “unsustainable” rates.

Trump also told journalists at the Oval Office that he never intended to eliminate Powell, but repeated his desire for the Fed chair to reduce interest rates. These comments were relieved to investors who had feared that a possible conflict between President Trump and Powell could add uncertainty in a market that is already affected by the rates.

To collect our list of the 13 best aggressive growth shares to buy now, we sought shares with a year -on -year income growth rate of more than 35%. To ensure the reliability of our findings, we consulted Seekingalpha for the Year -on -year -on -year Growth rate of each company. We then focused on the 13 best aggressive growth actions most favored by institutional investors. The data of the feeling of the coverage fund that surrounded each stock was removed from the database of Insider Monkey, of the quarter of 2024, of more than 1,000 funds of elite coverage. Finally, the 13 best aggressive growth stocks that are now bought were classified in ascending order based on the number of coverage funds that had shares from the fourth quarter of 2024.

Why do we mind what coverage funds do? The reason is simple: our research has shown that we can overcome the market by imitating the best stock options for the best coverage funds. The strategy of our quarterly bulletin selects 14 shares for the small lid and the large surface every quarter and has returned 373.4% since May 2014, exceeding its reference point at 218 percentage points ((Check out more details hereThat).