Cathie Wood Increases Holdings in Tech Stocks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 24 2026
0mins
Should l Buy AVGO?
Source: Fool
- Increased Tech Holdings: Cathie Wood took advantage of the market sell-off to increase her stakes in Broadcom, AMD, and Figma, reflecting her long-term confidence in these companies, particularly in the AI sector.
- Broadcom's Positive Outlook: Despite a 20% drop in Broadcom's stock price over the past two months, analysts predict over 50% growth in revenue and earnings for 2026, indicating strong market demand in the AI era.
- AMD's Slowing Growth: AMD's stock is down 25% from its October peak, and while its data center and gaming segments saw over 37% revenue growth, market expectations for future growth remain cautious.
- Figma's Business Recovery: Figma reported a 40% year-over-year revenue increase in its latest quarter, demonstrating resilience in the design tools market, even as its stock is down 83% from its IPO high, with a net dollar retention rate of 136% indicating improved customer engagement.
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Analyst Views on AVGO
Wall Street analysts forecast AVGO stock price to rise
30 Analyst Rating
29 Buy
1 Hold
0 Sell
Strong Buy
Current: 313.840
Low
370.00
Averages
457.75
High
525.00
Current: 313.840
Low
370.00
Averages
457.75
High
525.00
About AVGO
Broadcom Inc. is a global technology firm that designs, develops, and supplies a range of semiconductors, enterprise software and security solutions. The Company operates through two segments: semiconductor solutions and infrastructure software. Its semiconductor solutions segment includes all of its product lines and intellectual property (IP) licensing. It provides a variety of radio frequency semiconductor devices, wireless connectivity solutions, custom touch controllers, and inductive charging solutions for mobile applications. Its infrastructure software segment includes its private and hybrid cloud, application development and delivery, software-defined edge, application networking and security, mainframe, distributed and cybersecurity solutions, and its FC SAN business. It provides a portfolio of software solutions that enable customers to plan, develop, automate, manage and secure applications across mainframe, distributed, mobile and cloud platforms.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Revenue Growth: The company's Q1 revenue reached $19.31 billion, surpassing market forecasts by $170 million, reflecting sustained demand in the semiconductor market and strong sales capabilities.
- Buyback Announcement: Broadcom unveiled a $10 billion stock buyback plan, which not only demonstrates confidence in its intrinsic value but may also enhance EPS by reducing the number of shares outstanding, thereby attracting more investors.
- Positive Market Reaction: Following the earnings report and buyback announcement, Broadcom's stock ticked up, suggesting increased market optimism regarding its growth potential, which could lead to heightened investor interest and participation.
See More
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- StubHub Revenue Miss: StubHub's Q4 revenue of $449 million fell short of the consensus estimate of $484 million, although adjusted EBITDA was $62.7 million, roughly in line with expectations, resulting in a 6% drop in stock price, reflecting pressure in the secondary ticketing market.
- Veeva Systems Strong Performance: Veeva Systems reported Q4 earnings of $2.06 per share and revenue of $836 million, both exceeding analyst estimates, leading to a 9% jump in stock price in after-hours trading, indicating robust demand for its cloud solutions.
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- Revenue Growth: The company achieved Q1 revenue of $19.31 billion, surpassing forecasts by $170 million, demonstrating significant growth amid recovering market demand, which enhances investor confidence.
- Buyback Announcement: Broadcom unveiled a $10 billion stock buyback plan, reflecting the company's confidence in its intrinsic value and potentially boosting EPS, which may attract more investor interest.
- Market Reaction: Following the earnings release, Broadcom's stock ticked up slightly, with the market maintaining an optimistic outlook on its future performance, anticipating that tech rotation could further drive stock price increases and strengthen the company's competitive position.
See More
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- Earnings Beat: Broadcom reported a Q1 non-GAAP EPS of $2.05, exceeding expectations by $0.03, which underscores the company's robust performance and strengthens its leadership position in the semiconductor industry.
- Significant Revenue Growth: The company achieved Q1 revenue of $19.31 billion, reflecting a 29.4% year-over-year increase and surpassing market expectations by $170 million, indicating strong demand across its business segments and an increase in market share.
- Optimistic Outlook: Based on current business trends, Broadcom anticipates Q2 fiscal year 2026 revenue to be approximately $22.0 billion, exceeding the consensus estimate of $20.40 billion, demonstrating confidence in future growth.
- Adjusted EBITDA Guidance: The guidance for Q2 adjusted EBITDA is expected to be around 68% of projected revenue, highlighting effective strategies in cost control and profitability enhancement, despite a 2.3% decline in share price.
See More
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- Surge in Semiconductor Revenue: The semiconductor segment contributed $12.52 billion to total revenue, reflecting a 52% year-over-year increase, while infrastructure revenue grew modestly by 1% to $6.8 billion, showcasing Broadcom's sustained demand in AI semiconductor solutions.
- AI Revenue Growth: Broadcom's AI revenue reached $8.4 billion in Q1, marking a 106% year-over-year increase and exceeding forecasts, with expectations for AI semiconductor revenue to hit $10.7 billion in Q2, highlighting strong market demand for custom AI accelerators and networking solutions.
- Shareholder Return Initiatives: The board approved a quarterly dividend of $0.65 per share and announced a $10 billion share buyback program, aimed at enhancing shareholder value and boosting market confidence in the company's growth trajectory.
See More
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- Significant Revenue Growth: Broadcom reported Q1 revenue of $19.31 billion, a 29% year-over-year increase that surpassed Wall Street's expectation of $19.13 billion, demonstrating the company's strong market performance and growth potential.
- Earnings Per Share Beat: The company posted a diluted earnings per share of $2.05, slightly above analysts' estimate of $2.02, reflecting ongoing improvements in profitability and boosting investor confidence.
- Strong AI Business: Q1 AI revenue reached $8.4 billion, growing 106% year-over-year and exceeding forecasts, indicating robust demand for custom AI accelerators and AI networking, further solidifying the company's market leadership.
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