Broadcom’s Stock Is A Real Bargain


  • AVGO stock has increased by almost 7% since January 2024, outperforming the S&P 500.
  • Broadcom is strengthening its position in the AI revolution with improved hardware offerings and diversifying product lines.
  • The Company’s valuation is attractive compared to other semiconductor stocks, and a DCF model suggests it is undervalued by 17%.




I had a thesis about Broadcom’s (NASDAQ:AVGO) stock in January 2024 with a “Strong Buy” rating. Since my first publication, AVGO’s price increased by more than 3%. The stock’s dynamic is better than S&P 500, meaning that my thesis is keeping up

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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