Hey guys! Today we're talking about Broadcom
AVGO
, which we think is the poster child for AI hype in stocks these days. In our view, shares of the semiconductor company are trading WAY above 'Fair Value', and the stock has 30%+ downside risk.
While Broadcom's operations appear well-run and profitable, we think investors would be served by steering clear until shares dip considerably.
Want more high-quality trade ideas? Follow us below. ⬇️⬇️
AVGO
, which we think is the poster child for AI hype in stocks these days. In our view, shares of the semiconductor company are trading WAY above 'Fair Value', and the stock has 30%+ downside risk. While Broadcom's operations appear well-run and profitable, we think investors would be served by steering clear until shares dip considerably.
Want more high-quality trade ideas? Follow us below. ⬇️⬇️
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Looking for the next big move?
Supercharge your profits with our high-quality trade ideas and investment research.
Try it for free: www.propnotes.co/
Looking for the next big move?
Supercharge your profits with our high-quality trade ideas and investment research.
Try it for free: www.propnotes.co/