Is Broadcom Stock a Buy?
Broadcom(AVGO) The Motley Fool·2024-02-07 10:12
Tech giant Broadcom (AVGO -1.65%) has grown into one of the world's largest companies, expanding beyond semiconductors to enterprise software solutions, punctuated by its recent $61 billion acquisition of VMware. Today, the stock's valuation approaches $600 billion.The company's chips are essential in several end markets, and the business is recognizing a boost from artificial intelligence (AI) spending. Investors looking for a growing blue-chip stock with long-term total return potential should strongly co ...