I made an additional investment in Broadcom (AVGO) following strong fourth-quarter performance and promising long-term guidance. The company's AI networking and custom accelerator semiconductor business continues to thrive, with a projected service addressable market of $60-$90 billion from current customers alone. Broadcom’s ahead-of-schedule VMware integration, targeting $8.5 billion in EBITDA, is expected to boost margins over time. With solid AI prospects and a growing market share, I see Broadcom as well-positioned for sustained growth, making this investment a strong addition to my portfolio.
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- NormaHansen·2025-03-04Great choiceLikeReport
- DeltaDrift·2025-03-04Good pickLikeReport