Broadcom Stock Is Expensive, But Worth It Long-Term (NASDAQ:AVGO)


Source: seekingalpha.com seekingalpha.com

Key Topics in this News Article:

News Snapshot:

G0d4ather Broadcom (NASDAQ:AVGO) is expensive right now, yet as one of the leading semiconductor companies in the world, I think it has a place in technology portfolios. My analysis shows investors are paying a significant premium if buying now, but operations and financials will contribute to continued long-term growth for the firm. As an investor focusing on 10+ year investment horizons, I consider AVGO worth holding for the long term. Company Overview For investors already acquainted with Broadcom, please skip ahead to the section 'Market Drivers.' Broadcom designs, develops, and supplies semiconductor and software infrastructure. Its customers come from markets...