$Broadcom(AVGO)$ As a LT investor, holding the stock right now is not a bad choice especially if you've bought at a lower cost basis, given AVGO's solid management. They've done a great job onboarding $VMware(VMW)$ , with integration having gone quite smoothly so far; the company's also done well in capturing emerging AI-driven demand in custom ASICs and networking solutions.
But I just wouldn't recommend buying here, as I see a growing divergence between tangible fundamental prospects and the stock's increasingly lofty premium. Considering the large sum of acquired debt from the VMware transaction, AVGO's expectations for long-term quarterly revenue run rate at $4B alongside annualized cost savings for the unit appears to be a modest ROI formula that doesn't live up to the expansive growth prospects that its stock premium currently reflects.
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