$Broadcom(AVGO)$ 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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