$Broadcom(AVGO)$ If you have o

$Broadcom(AVGO)$ If you have owned AVGO for 10 years you have realized growth of 17X your original investment. Through that whole period it has been consistently called “overvalued”. Obviously it wasn’t because value can’t be be given a formula that fits all stocks.

If you’ve owned AVGO you are up 50% year to date and you’ve doubled your investment in a year. Going forward expect the same if not better performance. Growth in Tech. Is still in its infancy and anyone who doesn’t believe that is certainly going to miss out on wealth building opportunities.

I don’t agree with the “contrarian” theory because buying on trading dips is what most true investors do. I’ve owned AVGO more than 10 years as well as $NVIDIA Corp(NVDA)$ .

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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