“Billionaire Stanley Druckenmiller Sells Broadcom Stock and Buys an AI Stock Up 1,000% Since Early 2025”
January 23, 2026
“…In the third quarter, Druckenmiller sold his position in semiconductor company Broadcom (NASDAQ: AVGO) and started a position in flash memory maker Sandisk (NASDAQ: SNDK), a stock that has added 1,050% since it was spun off from Western Digital in February 2025…
Wall Street estimates Broadcom’s adjusted earnings will grow at 43% annually through 2027… Broadcom has a median target price of $461 per share, which implies 34% upside from its current share price of $343…
Wall Street estimates Sandisk’s adjusted earnings will grow at 79% annually through the fiscal year ending in June 2029…”
https://finance.yahoo.com/news/billionaire-stanley-druckenmiller-sells-broadcom-082500373.html