We came across a bullish thesis on Broadcom Inc. (AVGO) on Sanjiv’s Substack. In this article, we will summarize the bulls’ thesis on AVGO. Broadcom Inc. (AVGO)'s share was trading at $246.93 as of 6th June. AVGO’s trailing and forward P/E were 90.05 and 37.88 respectively according to Yahoo Finance.
[caption id="attachment_378474" align="aligncenter" width="750"]Broadcom stands at the heart of AI infrastructure buildout, with surging demand for its custom XPUs and Ethernet-based networking solutions. The company expects at least...
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