Broadcom stock undervalued, potential for 22% increase based on strong free cash flow

From Barchart: 2024-05-12 11:47:36

Broadcom’s stock remains undervalued, with potential for a 22% increase to $1,626 per share based on current free cash flow and margins. AVGO stock offers a 3% free cash flow yield, indicating strong value at the current price. Investors may see significant returns with this tech company.



Read more at Barchart: Broadcom Looks Deeply Undervalued Based on its Strong Free Cash Flow