Where Will Broadcom (AVGO) Be in 5 Years?
's (NASDAQ: AVGO) stock surged more than 600% over the past five years. The tech giant attracted a stampede of bulls as its chip sales surged and it expanded with bold acquisitions. But will its stock rise even higher over the next five years?
Broadcom, which was known as Avago before it acquired the original Broadcom and inherited its brand in 2016, once generated most of its revenue by selling a wide range of chips for the mobile, data center, networking, wireless, storage, and industrial markets.
Image source: Getty Images.
Source Fool.com
Broadcom Ltd. Stock
€316.90
4.430%
The stock is one of the favorites of our community with 87 Buy predictions and 1 Sell predictions.
As a result the target price of 358 € shows a slightly positive potential of 12.97% compared to the current price of 316.9 € for Broadcom Ltd..
