$Broadcom(AVGO)$ stock surged

$Broadcom(AVGO)$ stock surged 5.4% to a record high, with a market value surpassing Eli Lilly. Investors are optimistic due to Broadcom's role in the AI era. To reduce risk, a diagonal spread strategy is proposed, involving buying and selling options with different strike prices and expiration dates. This strategy provides an additional income source and reduces overall cost. Investors can adjust the strategy to control risk.

New Highs for Semi! Is Broadcom Next Nvidia?

Broadcom continued to jump after earnings and split news, closing above $1800 on Monday. Following in Nvidia's footsteps, Broadcom plans a 10-for-1 stock split after the market close on July 12. Besides Broadcom, TSMC, AMAT, MU, QCOM, and other semiconductor companies are also hitting new highs. ------------- Would you buy Broadcom before or after the stock split? Which semi stock do you hold or bullish? What's your target price for AVGO? Is it next Nvidia?

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