PSG2010
09-20

$Broadcom(AVGO)$ ridiculously cheap at current prices!

Profit margin - 24%

cash in bank - 11 billion

Forward pe - 27

Number of institutions own this stock - 3377

FY24 AI revenue projection - 12 billion

Number of buy ratings from analysts on 6th Sept post results - 15+ with price targets of 170 to 240

Beat and raised guidance - last 10 plus qtrs

Enough said!

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