koolgal
06-23 06:07
๐ŸŒŸ๐ŸŒŸ๐ŸŒŸ $Broadcom(AVGO)$ has recently suffered a sharp irrational 14.7% selloff, rendering it a beautifully discounted gift for long term investors.

Why?  Broadcom is the ultimate picks & shovels architecture of the AI revolution, boasting deep moats that far outweigh its modest dividend yield of 0.66%.

Broadcom completely dominates the high margin custom ASIC market.  It serves as the exclusive co design partner engineering custom AI accelerators for tech giants like $Alphabet(GOOG)$ $Meta Platforms, Inc.(META)$ & Anthropic through 2029.

This has helped drive an explosive 143% surge in AI semiconductor revenue to USD 11 billion in its latest quarterly report.

Wall Street analysts have maintained a Buy rating with a USD 524.00 consensus price target, an upside potential of 33%.

So it is a good time to buy Broadcom to hold long term.

@Tiger_comments @Tiger_SG @TigerStars

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Comments

  • Gloria112
    06-23 17:02
    Gloria112
    That 143% AI rev jump is the part I canโ€™t ignore. AVGO getting sold like this after that is kinda wild โ€” whoโ€™s actually waiting for a lower entry?
    • koolgal:ย 
      Time to deploy the warchest.
    • koolgal:ย 
      But it happened and today it dropped even more.
    • koolgal:ย 
      Best of luck ๐Ÿ€๐Ÿ€๐Ÿ€
    • koolgal:ย 
      Happy Trading ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ๐Ÿ’ฐ๐Ÿ’ฐ๐Ÿ’ฐ
    • koolgal:ย 
      It is a risk off sentiment in the market right now.
  • 1PC
    06-24 20:41
    1PC
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