Here is Why Broadcom (AVGO) is a Good Investment at Today’s Price

Broadcom Inc. (NASDAQ:AVGO) closed at $355.14 on October 2, up 5.86% over twelve months. The business underneath moved far faster than the share price did. Revenue and earnings both grew at rates most companies never reach. A company almost doubling its sales while the shares barely move is unusual. That gap is the argument here. READ ALSO: NVIDIA (NVDA) vs. Broadcom (AVGO): Which AI Chip Stock Has the Stronger Moat?Here is Why Broadcom (AVGO) is a Good Investment at Today's Price The Market Has Stopped Paying Up for the Growth: Revenue grew 85.50% in the most recent quarter, and earnings grew 216.10%. Now look at what the market pays for that. Broadcom trades at 46.50 times trailing earnings and 19.42 times forward estimates.