plessas @plessas: "👨🏻‍💻 Investment Thesis for $AVGO..."

Greece

👨🏻‍💻 Investment Thesis for $AVGO (Broadcom Inc) 👨🏻‍💻 1️⃣ Company Overview $AVGO is a leading global semiconductor and infrastructure software company with a market cap over $400 billion. $AVGO is a key player in sectors like data centers, networking, broadband, and wireless communication, making it crucial to the digital economy. 2️⃣ Stock Price Analysis Current Price: $159.68 per share Analyst Target: $195 per share, implying a 22.1% upside, reflecting strong growth expectations in the semiconductor and software segments. Analyst Rating: BUY with 86% confidence, showing solid optimism from analysts following the recent earnings report (2024-06-12). 3️⃣ Price to Earnings Ratios PE Ratio: 72.3 which is very high, indicating that the market is pricing in substantial future growth. PEG Ratio: 5.84 suggesting that the stock is expensive relative to its growth rate, potentially making it less attractive to value-focused investors. 4️⃣ Institutional and Insider Activity Institutional Ownership: Increased by 3.03% since the last earnings report, indicating growing confidence among institutional investors in Broadcom’s future potential. Insider Transactions: 2.87% of insider shares have been bought showing some confidence from those within the company. Senate Transactions: 100% of Senate trading disclosures during the last quarter were on the BUY side for $AVGO, indicating significant interest, likely due to the strategic importance of semiconductor technology. 🎩 My Thesis 🎩 $AVGO is not cheap. It is rather expensive.There might still be however a potential 18% upside. I plan to sell around the $190 mark. ** Previous Posts: $MSFT (Microsoft) $AMZN (Amazon.com Inc) $NVDA (NVIDIA Corporation) $GOOGL (Alphabet Inc Class A) $META (Meta Platforms Inc) $AAPL (Apple) $HAL (Halliburton Co) Coming Next: $MRVL (Marvell Technology Group Ltd) $MU (Micron Technology, Inc.) $TSLA (Tesla Motors, Inc.) ** Follow me if you want to read my thoughts here on @etoro or copy me to replicate my results. ** This is a series of posts presenting my investment thesis on the core assets in my portfolio. These insights are powered by my own python scripts leveraging the Financial Modeling Prep API. You can check out the code here: github.com/weirdapps/etorotrade $AVGO currently represents 1.33% of my portfolio. ** Disclaimer: These are my biased views and not a recommendation of any kind. Please do your own research before engaging in any investment activity.

GitHub - weirdapps/etorotrade: a screener and portfolio tracker that powers my etoro investments.

github.com

a screener and portfolio tracker that powers my etoro investments. - weirdapps/etorotrade

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