We came across a bullish thesis on Broadcom Inc. on Nikhs’s Substack. In this article, we will summarize the bulls’ thesis on AVGO. Broadcom Inc.'s share was trading at $402.96 as of November 28th. AVGO’s trailing and forward P/E were 103.32 and 43.10 respectively according to Yahoo Finance.
Broadcom Inc. designs, develops, and supplies various semiconductor devices and infrastructure software solutions worldwide. AVGO’s latest results reveal a company transitioning from sustaining growth to accelerating it, driven by a structural shift in AI demand and a strengthening...
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