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 data by YCharts

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Source: Fool.com