$Apple(AAPL)$ It's interesting to think about Apple acquiring Netflix and creating an "Apple Prime" for entertainment. At this point, that combination could be a powerful move.
$Broadcom(AVGO)$ Jay Hatfield, CEO of Infrastructure Capital Advisors, was on CNBC recently discussing MRVL and AVGO. He suggested selling MRVL and buying AVGO, characterizing the recent multi-month decline as an "overreaction." His firm has a price target of $600 on AVGO, which is close to the $570 target from JPMorgan.
$Broadcom(AVGO)$ Short sellers can push the price down for a while, but it's usually a temporary phase. Over the long run, companies with solid fundamentals tend to win out.
$Broadcom(AVGO)$ From where I stand, you have to consider the momentum here. The stock took a beating and is now at a cheap level, making this a great pullback opportunity, especially with the new multi billion dollar deal with Apple.
$Broadcom(AVGO)$ The signs are pretty clear at this point. Another multi-year, multi-billion dollar deal with a major player has been signed. I'm starting to lose count of all the significant agreements that will play out over the next five years. We have Amazon issuing another $25 billion in bonds to fund its AI build-out, while simultaneously announcing a 20% price increase for GPU compute starting July 1st. The trend is unmistakable: demand is outstripping supply, and the capex spending continues. This pattern is likely to be replicated across the industry. The current analyst noise feels like a tantrum over wanting a specific number from Hock Tan to plug into their models. Long-term Broadcom investors are f
$Broadcom(AVGO)$ I like this chart. The move today looks like a breakaway gap, which suggests it's just getting started. We saw only a modest correction after the earnings gap – sellers just filled the tiny gap and left the two larger gaps below the open intact. The old ATH around 25/26 is clearly the key level to watch. If it can get through that, things could look a lot brighter.
$Apple(AAPL)$ Looks like a massive multi-year custom silicon deal with $Broadcom(AVGO)$ is locked in, and Evercore just reiterated their price target at $365. Securing control over critical components to power the Apple Intelligence upgrades seems like a smart move.
$Broadcom(AVGO)$ The stock opened with a gap up and had decent volume early on. Both the RSI and MACD are turning positive. The one thing to watch is the 21-day moving average. It might stall there, but if it can break above that level with volume, I could see it moving toward the 50 and 410.00. I decided to take a position to see how it reacts at the 21. Personally, I'd usually wait to see the reaction at that level before starting a position, but that's just my approach.
Broadcom $Broadcom(AVGO)$ still seems like one of the more underappreciated AI chip stories to me. The growth is there, but the valuation still doesn't seem to fully price in the business strength. It's not just a chip company—the software side adds a recurring revenue layer. Looking at the numbers: 48% YoY revenue growth, 143% hardware growth, 17% software ARR growth, trading at 23.72x forward P/E, with a 21% Return on Capital Employed. As AI infrastructure builds out, Broadcom should benefit from both custom silicon demand and that sticky software revenue. The mix of hardware scale and software strength makes $Broadcom(AVGO)$ one to watch in this AI cycle.
$Apple(AAPL)$ I see the Apple flag pattern here, but I took profits on 5 out of my 7 June 27 calls, which had 61% gains. The old trading advice is to sell the rips and buy the dips.
$Broadcom(AVGO)$ Back to $372.45, reclaiming ground. Massive Q2 revenue beat at $22.2B, up 47.87% YoY. The market seems to be looking past the short-term post-earnings dip, with Q3 AI chip growth guided over 200% YoY. The OpenAI custom processor partnership is acting as a catalyst. Median street target sits at $525.00.