$Broadcom(AVGO)$ Broadcom CEO Hock Tan said in the recent earnings report that they are very much on target to exceed $30 in earnings per share in fiscal 2028. If Broadcom reaches exactly $30 and its current ~31x forward P/E contracts by 20% to 24.8x, that implies a share price of $744, price appreciation of 102%, and estimated total return with dividends around 104%. Even with significant multiple compression, Broadcom could still more than double by the end of 2028.
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