Consider Shorting AVGO Puts as Broadcom Prepares for July 15 Stock Split – The Company Appears Undervalued

Investors are eyeing Broadcom as a potential bargain ahead of its upcoming stock split on July 15. With the split expected to increase the number of shares outstanding, some believe that now is a good time to take advantage of the lower stock price.

One strategy that is gaining popularity is shorting AVGO puts. By doing this, investors can profit if the stock price stays the same or goes up. The idea is that the stock price will rise after the split, and those who have shorted puts will benefit from the increase.

Broadcom has been a strong performer in the stock market, with its share price steadily increasing over the past year. Its recent announcement of a dividend increase further solidifies its appeal to investors.

Overall, Broadcom appears to be a solid investment choice for those looking for growth potential. The stock split on July 15 could be a catalyst for further gains, making shorting AVGO puts a potentially lucrative strategy.

In conclusion, Broadcom looks like a cheap option before its stock split on July 15. Shorting AVGO puts could be a profitable move for investors looking to take advantage of the company’s growth potential.

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https://www.barchart.com/story/news/27248718/broadcom-looks-cheap-ahead-of-its-july-15-stock-split-shorting-avgo-puts-is-a-good-play