I made an additional investment in Broadcom (AVGO) as it’s uniquely positioned to capitalize on the AI revolution with its custom chip offerings and robust networking assets. Following a series of successful acquisitions, notably VMware, Broadcom has emerged as a market leader. Analyst Fang Boon Foo’s “Buy” rating and $250 price target further bolster confidence. The company’s high-performance design and integration deliver above-industry margins, while strong execution in AI chips and software drives revenue growth. With consistent free cash flows and stable dividends, AVGO represents an attractive, long-term investment opportunity.
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