![X Highlights Back-To-School Marketing Opportunities [Infographic]](https://imgproxy.divecdn.com/dM1TxaOzbLu_kb9YjLpd7P_E_B_FkFsuKp2uSGPS5i8/g:ce/rs:fit:770:435/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS94X2JhY2tfdG9fc2Nob29sMi5wbmc=.webp)
This Super Semiconductor Stock Is Up 200% in 2 Years, But Is the $1 Trillion Giant Still a Buy?
Broadcom (NASDAQ: AVGO) has a long track record of success in the semiconductor and electronics industries. It's quickly becoming a leading supplier of artificial intelligence (AI) hardware for the data center, which includes custom chips and networking equipment.Broadcom's soaring AI revenue is a key reason its stock has tripled in the last two years, catapulting the company to a $1 trillion market capitalization. It's one of only nine American companies in the ultra-exclusive trillion-dollar club, and its enormous opportunity in the AI space could drive further upside to its valuation from here. With that said, Broadcom stock is quite expensive right now by two widely used metrics, so is it still a buy?Continue reading
Broadcom (NASDAQ: AVGO) has a long track record of success in the semiconductor and electronics industries. It's quickly becoming a leading supplier of artificial intelligence (AI) hardware for the data center, which includes custom chips and networking equipment.
Broadcom's soaring AI revenue is a key reason its stock has tripled in the last two years, catapulting the company to a $1 trillion market capitalization. It's one of only nine American companies in the ultra-exclusive trillion-dollar club, and its enormous opportunity in the AI space could drive further upside to its valuation from here.
With that said, Broadcom stock is quite expensive right now by two widely used metrics, so is it still a buy?
