Broadcom’s VMware Strategy Could Fuel the Next AVGO Rally

Broadcom’s VMware Strategy Could Fuel the Next AVGO Rally

Chip behemoth Broadcom NASDAQ: AVGO has had a lot going for it over the past few years. As of the Apr. 2 close, the stock had provided a massive total return of nearly 193% since the beginning of 2023. 

Broadcom Today

$162.12 -9.98 (-5.80%)

As of 09:51 AM Eastern

52-Week Range
$119.76

$251.88

Dividend Yield
1.46%

P/E Ratio
132.15

Price Target
$231.48

The demand for AI-centric

Article Source
https://www.marketbeat.com/originals/broadcoms-vmware-strategy-could-fuel-the-next-avgo-rally/

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