Signal: This Semiconductor Stock Has Room to Run

AVGO's options are cheap and the stock is not far off record highsThis commentary first appeared on Forbes Great Speculations, where Schaeffer's Investment Research is a regular contributor.Chipmaker Broadcom Inc (NASDAQ:AVGO) has had a busy month. The semiconductor company cleared the $1 trillion market cap level on the way to a record high of $265.43 on June 4. One day later though, AVGO gapped lower by 5%, after the company’s fiscal-year revenue forecast fell short of estimates. The shares have battled b ...