Professional
Added to YB: 2024-05-07
Pitch date: 2024-03-31
AVGO [bullish]
Broadcom Inc.
+175.94%
current return
Author Info
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Company Info
Broadcom Inc. designs, develops, and supplies various semiconductor devices and infrastructure software solutions worldwide.
Market Cap
$2.0T
Pitch Price
$130.44
Price Target
N/A
Dividend
0.57%
EV/EBITDA
60.85
P/E
106.08
EV/Sales
33.44
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Show full summary:
Baron Opportunity Fund New Portfolio Holding: Broadcom Inc.
AVGO: AI demand driving growth to 35% of semi biz in FY24 from <5%. Custom chips for hyperscalers offer capex & energy savings. VMware deal to boost cash flow & earnings via subscription model transition. Underappreciated growth potential + strong FCF for buybacks & rising dividend.
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