Broadcom is undervalued and set to split stock on July 15, making shorting AVGO a good play

From Barchart: 2024-07-07 09:00:02

Broadcom to do a 10-for-1 stock split on July 15. AVGO stock seen as undervalued due to FCF and price targets. Strategy of selling short OTM put options can provide additional income for investors.



Read more at Barchart: Broadcom Looks Cheap Ahead of Its July 15 Stock Split – Shorting AVGO Puts Is a Good Play