chimey
09-24

$Broadcom(AVGO)$ This stock is still very undervalued, we are just getting started here, solid company with amazing growth:

Profit margin - 24%

cash in bank - 11 billion

Forward pe - 29

Number of institutions own this stock - 3377

FY24 AI only revenue projection - 12 billion

No sell or hold rating and number of buy ratings from analysts - 30+ with price targets of 170 to 240

Beat and raised guidance - last 10 plus qtrs

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