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Broadcom Inc. (AVGO): A Bull Case Theory

 We came across a bullish thesis on Broadcom Inc. on TechIt_alt’s Substack. In this article, we will summarize the bulls’ thesis on AVGO. Broadcom Inc.'s share was trading at $344.13 as of Ocotber 14th. AVGO’s trailing and forward P/E were 86.71 and 36.76 respectively according to Yahoo Finance.

[caption id="attachment_422761" align="aligncenter" width="750"] Sergiy Zavgorodny/Shutterstock.com[/caption]

Broadcom operates quietly behind the scenes, yet it is central to the global AI infrastructure powering deals from OpenAI to hyperscalers. Its business combines custom...