Where Will Broadcom Be in 3 Years?
With 's (NASDAQ: AVGO) upcoming earnings in focus for many tech investors, I wanted to take a longer view and examine where the stock might be in three years -- not where it will trade in the next three weeks.
As such, let's take a closer look at the technology company, what it does exactly, and where its stock could be headed.
Broadcom has a long history of acquisitions. In fact, if you have ever wondered why a company called Broadcom has the ticker symbol "AVGO," it stems from Avago's acquisition of Broadcom back in 2016. Avago decided to keep its ticker symbol, but it took the Broadcom name.
Source Fool.com
Broadcom Ltd. Stock
€159.66
-0.810%
The stock is an absolute favorite of our community with 67 Buy predictions and no Sell predictions.
Based on the current price of 159.66 € the target price of 1384 € shows a potential of 766.84% for Broadcom Ltd. which would more than double the current price.
