Broadcom Inc.Short
Stay FAR Away From This Over-Hyped Tech Stock
Hey guys! Today we're talking about Broadcom AVGO , which we think is the poster child for AI hype in stocks these days. In our view, shares of the semiconductor company are trading WAY above 'Fair Value', and the stock has 30%+ downside risk.
While Broadcom's operations appear well-run and profitable, we think investors would be served by steering clear until shares dip considerably.
Want more high-quality trade ideas? Follow us below. ⬇️⬇️
AVGO , which we think is the poster child for AI hype in stocks these days. In our view, shares of the semiconductor company are trading WAY above 'Fair Value', and the stock has 30%+ downside risk.While Broadcom's operations appear well-run and profitable, we think investors would be served by steering clear until shares dip considerably.
Want more high-quality trade ideas? Follow us below. ⬇️⬇️
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.