SteveWatson
09-13

$Broadcom(AVGO)$ I’m looking at AVGO and it’s got a PE ratio of 31, and the expected EPS growth is only 15%. That gives it a PEG ratio of 2. To me, that’s kind of pricey. I mean, fair value should be closer to 1 if you ask me. It’s like paying top dollar for a value meal that’s just okay. I get it, the hype’s real and all, but I’m not convinced it's worth the premium right now. Maybe I'll wait for a better entry point.

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