Is Broadcom (AVGO) Still Reasonably Priced After A 7x Run In Five Years

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• If you are wondering whether Broadcom’s current share price still makes sense after a huge multi year run, the key question now is how much value is already reflected in the stock.

• Broadcom recently closed at US$332.60, with a 7 day return of a 2.1% decline, a 30 day return of a 2.6% decline, a year to date return of a 4.3% decline, and a 1 year return of 39.3%, on top of a very large 3 year gain and a move of roughly 7x over 5 years.

• Recent attention on Broadcom has centered on its role in the semiconductor space and how investors are thinking about the long term demand for its products. This broader backdrop has helped frame the recent share price moves, as the market weighs growth expectations against what is already priced in.

• On Simply Wall St’s six point valuation checklist, Broadcom scores 1 out of 6 for being undervalued. You can see the full…