AVGO Stock To $100?

Broadcom (NASDAQ:AVGO) delivered an impressive 9% stock price gain following an upbeat quarterly performance reported on March 6. The company’s performance was fueled by continued demand for its AI products. With the stock soaring 50% year-over-year and maintaining robust revenue growth averaging 24% over three years, Broadcom surely presents a compelling narrative.

But, here’s the thing, in a downturn, AVGO can lose – no – there is evidence, from as recent…