Oracle vs. Broadcom: Which "Picks and Shovels" AI Stock Has the Bigger Growth Runway From Here?
Broadcom and Oracle have underperformed over the past year, but they could jump significantly given their impressive growth and bright prospects.
Overview
Oracle (NYSE: ORCL) and Broadcom (NASDAQ: AVGO) are two critical players in the global artificial intelligence (AI) infrastructure ecosystem, but both companies have been underperforming on the stock market.
While Broadcom stock has dropped 5% over the past year, shares of Oracle have lost nearly 52% of their value. However, both companies have been growing at a solid pace. That's not surprising, as Broadcom's chips and Oracle's data centers are playing a central role in the proliferation of AI.
Details
We will take a closer look at the prospects of both tech stocks in this article and check which one of them is a better pick-and-shovel play to capitalize on the AI boom right now.
Source
Originally published at www.fool.com.