Has Broadcom Inc.’s (NASDAQ:AVGO) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Broadcom (NASDAQ:AVGO) has had a great run on the share market with its stock up by a significant 41% over the last three months. We wonder if and what role the company’s financials play in that price change as a company’s long-term fundamentals usually dictate market outcomes. Specifically, we decided to study Broadcom’s ROE in this article.

Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In short, ROE shows the…