Broadcom Could Be The Best AI Pick Among Large-Caps
Broadcom(AVGO) Seeking Alpha·2024-07-20 06:36
G0d4ather Intro & Thesis I initiated coverage of Broadcom Inc. (NASDAQ:AVGO)(NEOE:AVGO:CA) stock about a year ago with a "Hold" rating, which I upgraded to "Buy" in April 2024, admitting my mistake. Since my upgrade, the stock has continued to rise, gaining nearly 21% to date and outperforming the S&P 500 Index (SP500) (SPY) by more than three times: Seeking Alpha, the author's coverage of AVGO stock In my last article on AVGO, I argued that the stock was actually looking quite cheap despite its seeming ...