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Is Broadcom Stock Still a Good Value?


Is Broadcom Stock Still a Good Value?

Broadcom (NASDAQ: AVGO) has outperformed the broader market by a handsome margin in 2017 (the stock is up 36% so far this year) thanks to broad-based growth across its three core business segments -- wired infrastructure, wireless communications, and enterprise storage. The chipmaker has witnessed a substantial boost in its revenue and earnings in recent quarters, and the shares are close to a 52-week high.

AVGO Chart

AVGO data by YCharts

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Source: Fool.com

Apple Inc. Stock

€200.55
0.050%
With only a change of €0.10 (0.050%) the Apple Inc. price is nearly unchanged from yesterday.
Our community is currently high on Apple Inc. with 105 Buy predictions and 8 Sell predictions.
As a result the target price of 208 € shows a slightly positive potential of 3.71% compared to the current price of 200.55 € for Apple Inc..
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