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Investor Insights

This summary was created by AI, based on 35 opinions in the last 12 months.

The experts' reviews show that Broadcom is a well-diversified company with excellent fundamentals and exposure to AI, data centers, and cloud computing. The company is transitioning into more software, which boasts higher margins, and is expected to see double-digit revenue growth. Despite the stock's meteoric growth, some experts believe it is still a good time to buy, while others caution that it may be pricier compared to other options in the market. The pending VMware deal and the company's strong leadership are seen as potential catalysts for future growth.

Consensus
Positive
Valuation
Fair Value
HOLD
Broadcom

Great, diversified name. #2 player, in dollar terms, in AI semiconductors after NVDA. Partners directly with companies to design company-specific chips. Doesn't see any thesis breakdown on the horizon.

0
BUY
Broadcom

Good to own given AI adoption, rising demand for data centres and cloud computing. AVGO fundamentals are excellent.

0
BUY
Broadcom

It has pulled back over the past few weeks. It has exposure to AI GPU chips along with a good portfolio of other types of chips. This gives it diversification and exposure to other chip cycles. It also grows its dividend.

0
WEAK BUY
Broadcom

Is the reasonable alternative to the higher-PE semis stocks. AVGO shares have pulled back and not recovered yet. He expects a catalyst today. This isn't a growth company.

0
BUY
Broadcom

A longtime, key holding of his. They make chip for data centres. He's been trimming as shares have risen. The stock could double from here.

0
PARTIAL SELL
Broadcom

He took some profits right before they reported (shares are down today despite them beating). Loves the company for its diversification and still holds a small position. Revenue expectations had exploded from $38 billion to $50 billion. At 10x sales, that's a $1,300 share, but historically it trades 7x and $900. There should be an AI premium, but the stock now is fairly priced. Shares are up 51% in 3 months, so he took profits. He would buy them back on a pullback at $900, where it should be.

0
PARTIAL SELL
Broadcom

He's not negative on it, but long and he will trim a few shares today. AVGO is growing into its role as an AI networking company, with 15% exposure to AI. Other businesses, said the CEO, will grow revenues by 35%. Last time they reported, shares fell 4%. Yes, some businesses are glaringly weak. The market is getting ahead of non-Nvidia AI stocks.

0
STRONG BUY
Broadcom

She trimmed her holdings a month ago and felt foolish as the price kept rising, but remains a big believer in AVGO. Shares are up 51% in the last 3 months, so expectations are really high, and from 16x forward PE to 25x (2023-4). But it should be around that multiple, because their AI business is only starting, from $7.5 billion to $10 billion (2023-4). Problem is, AVGO didn't raise numbers across all their businesses, some of which are troughing. Software is a home run, though. Share are falling despite beating in their report, but they needed to crush numbers. They've been transitioning from more hardware to more software, which boasts higher margins. she expects double-digit revenue growth.

0
BUY
Broadcom

The CEO is a master at buying companies, milking them and fund the next big acquisition or sell another division.

0
HOLD
Broadcom

Up 51% since Nov. 1. Any position that rises 5%, he will trim as part of his portfolio management. Will also trim MSFT which as climbed 24% in this time. However, AVGO is a small position that he's recently added, so he won't sell it yet.

0
DON'T BUY
Broadcom

Huge run. Margins from acquisition were better than thought. Pretty solid print for latest quarter. Good space to be in. Play on AI and sales of chips, which have been robust. Pricier at 22x, 15% growth. You can do better. Look at NVDA, AMZN or GOOG.

0
BUY
Broadcom

Has done well on fundamentals, not excessively expensive. More concentrated in the AI space.

0
BUY
Broadcom

Has done extremely well on both price and fundamentals. Meteoric growth of earnings and cashflow, so it's not expensive. Today is not a terrible time to buy. A great choice, though he owns QCOM.

0
SELL
Broadcom

Above price target. He'd recommend NVDA or INTC, buy in thirds.

(Analysts’ price target is $1175.00)
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Broadcom(AVGO-Q) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 23

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 5

Total Signals / Votes : 31

Stockchase rating for Broadcom is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Broadcom(AVGO-Q) Frequently Asked Questions

What is Broadcom stock symbol?

Broadcom is a American stock, trading under the symbol AVGO-Q on the NASDAQ (AVGO). It is usually referred to as NASDAQ:AVGO or AVGO-Q

Is Broadcom a buy or a sell?

In the last year, 31 stock analysts published opinions about AVGO-Q. 23 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Broadcom.

Is Broadcom a good investment or a top pick?

Broadcom was recommended as a Top Pick by on . Read the latest stock experts ratings for Broadcom.

Why is Broadcom stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Broadcom worth watching?

31 stock analysts on Stockchase covered Broadcom In the last year. It is a trending stock that is worth watching.

What is Broadcom stock price?

On 2024-04-19, Broadcom (AVGO-Q) stock closed at a price of $1204.26.