With investors looking to create their own growth narrative, the market is in super delusional state when comparing the growth rate of NVDA and AVGO. This pump is full of speculations without real understanding of Broadcom's actual market as most investors do not even know the differences between Broadcom and Nvidia Chips.
Let's us compare a few key metrics:
P/E (TTM)
- Broadcom: 203
- Nvidia: 52
Revenue Growth (TTM) YoY
- Broadcom: 43.99%
- Nvidia: 152.44%
Revenue Growth (Q3) YoY
- Broadcom: 51.30%
- Nvidia: 93.61%
We are currently looking at the pump like what investors did last year to AMD. They aren't looking for actual growth, but rather a story of an underdog trying to challenge the incumbent. And we also saw the dump of AMD this year.
With Broadcom delivering 51% YoY growth, investors decide that Nvidia's 93.61% YoY growth is not impressive enough. We find that the recent Broadcom pump is too delusional and would be heading for a dump.
Is 93% Q3 YoY growth less impressive than 51.2% Q4 YoY growth?
Modify on 2024-12-17 20:02
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.
- chipzzy·12-18Interesting analysisLikeReport
- LouisLowell·12-18You're spot onLikeReport