Broadcom (AVGO) has a P/E ratio exceeding 70x and pays a small dividend. On the other hand, Broadcom’s expected $73 billion AI product backlog should jump-start AVGO stock to new heights. Follow 24/7 ...
Broadcom's custom AI computing units are becoming a larger part of its business. Wall Street analysts expect monster growth over the next few years. Investors must pay a premium to own Broadcom stock.