Friday, 5 September 2025

Broadcom shows sharp price rise today!

Broadcom (AVGO) often appears in the top 10 tech stocks lists but yet seems to be mainly ignored by most retail investors. It has shown a massive gain of over 100% in just 1 year.

This morning (pre-market UK) it seems to be rocketing up 10% so far today, so I have bought in...


This new hype seems to come from it's recent tie in with OpenAI on a $10bn deal.

AVGO has a P/E of over 110 and seems way overpriced, so I will take a quick profit on this one after the US stock market opens this afternoon, rather than hold it for weeks since I own AVGO in many of my ETFs already.

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