I made an additional investment in AVGO based on its compelling long-term growth outlook. With potential revenue surpassing $100 billion by fiscal 2027—driven by custom AI chips and VMware growth—Broadcom could significantly boost EPS from $4.87 in 2024 to an estimated $16.75 by 2028. At a 25x forward P/E, that implies a stock price north of $400, more than double its current level. With strong margins, expanding AI exposure, and strategic customers like Apple, AVGO offers an attractive blend of growth and value over the next few years.
$Broadcom(AVGO)$ 
Trade Feed: Who is your favorite trader?
Come to the Trade Feed Topic to find more trading opportunities! Also, please feel free to recommend and introduce fellow Tigers to the "hidden gem traders" that you've discovered!
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.
Comments