Assessing Broadcom (AVGO) Valuation After A Recent Pullback In Share Price
Broadcom’s recent performance snapshot
Broadcom (AVGO) has drawn attention after a recent pullback, with the stock down about 1% over the past day, 2% over the past week and roughly 12% over the past month.
See our latest analysis for Broadcom.
The recent pullback comes after a strong run, with Broadcom’s 1-year total shareholder return of 51.56% and a very large 3-year total shareholder return. This suggests that momentum is cooling rather than accelerating at the current share price of $343.42.
If Broadcom’s move has you reassessing where growth and risk are shifting in chips and software, it could be a good moment to scan high growth tech and AI stocks for other potential ideas.
With Broadcom now at $343.42 after a strong multi…
