AVGO Stock Forecast: a Global Semiconductor Leader with Full Possibilities
This AVGO stock forecast article was written by Yutong Li – Analyst at I Know First, Master's candidate at Brandeis University.
Highlights:
- AVGO stock has risen by 14.2% since January 2021
- Broadcom’s Wi-Fi 6E breakthrough is a major tailwind for its growth
- Broadcom Inc. has a solid competitive financial advantage with a ROC ratio of 258.61% and operating margin of 25.55%, outperforming 98% and 90% of companies in the semiconductor industry
- With Broadcom’s innovation and competitive leadership, the target price for AVGO will hit $520 for the upcoming year
