This Tech Sector Stock Is Way Cheaper Than Broadcom

Broadcom's (NASDAQ: AVGO) shares have gained over 132% in the past year, driven by explosive demand for artificial intelligence (AI)-powered networking solutions and custom AI chips. The VMware acquisition is also helping transition its revenue mix toward a higher-margin software business.Yet, despite the business momentum, the stock is expensive. With shares trading at about 41 times forward earnings, a significant portion of the upside is already priced in, leaving very little room for error.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool