Professional
Added to YB: 2024-07-23
Pitch date: 2024-06-30
AVGO [bullish]
Broadcom Inc.
+110.81%
current return
Author Info
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Company Info
Broadcom Inc. designs, develops, and supplies various semiconductor devices and infrastructure software solutions internationally.
Market Cap
$1.6T
Pitch Price
$158.43
Price Target
N/A
Dividend
0.78%
EV/EBITDA
46.37
P/E
69.92
EV/Sales
25.54
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Mar Vista Strategic Growth New Position: Broadcom Inc.
AVGO: AI chip leader (2nd to NVDA) w/ custom ASIC edge. Hyper scaler demand driving multi-yr capital cycle. VMware acq ahead of plan: simplified products, subscription model, cost cuts. Mid-20% intrinsic value growth expected from AI infra build-out, semi recovery, VMware integration. Strong margins, cash flow, ROIC from strategic acquisitions & R&D focus.
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