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Added to YB: 2024-06-25

Pitch date: 2024-06-25

AVGO [bullish]

Broadcom Inc.

+128.25%

current return

Author Info

No bio for this author

Company Info

Broadcom Inc. designs, develops, and supplies various semiconductor devices and infrastructure software solutions worldwide.

Market Cap

$2.0T

Pitch Price

$157.69

Price Target

2.1K (+497%)

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:
Broadcom Inc.: Embracing Growth with AI and VMWare Contributions (BofA)

AVGO: BofA PT $2150 (from $2000), Buy. AI & VMWare driving transformation to growth stock. Expect 13% CAGR FY24-26, up from 5-10% historical. Traditional semis/software to double growth pace.

Read full article (1 min)