NasdaqGS:AVGOSemiconductor
Broadcom (AVGO): Revisiting Valuation After Recent Share Price Pullback
Broadcom (AVGO) has quietly cooled off after a strong run this year, slipping about 4% over the past month. That pullback is getting investors to revisit what they are actually paying for.
See our latest analysis for Broadcom.
That recent 7 day share price slide of about 21 percent comes after a strong multi year run, with Broadcom still boasting an impressive five year total shareholder return of roughly 750 percent. This suggests momentum is cooling rather than collapsing.
If Broadcom’s...