AVGO

Uh next up on the chart of AVGO pretty similar scenario uh on AVGO but AVGO in fact is breaking the bottom of its parallel channel. You can see this parallel channel has hold has had held price back since December of 2024 with a little bit of a dip underneath it just briefly here in March of this year.

they did actually vote to add Broadcom to the portfolio. There was a bunch of other stocks here, but they voted for Broadcom, and I heavily agree with that, by the way. So, I did go ahead and add I purchased um Broadcom shares for the portfolio.

They've have also been falling more recently after um reporting earnings. And this is a stock I actually made a whole video about Broadcom. And I had already owned it. I I'm up a huge amount on my private larger portfolio because I had bought in a long time ago into Broadcom.

I saw this coming like a long time ago, everything that Broadcom is doing.

But now, like we really love Marll or better example is Broadcom. It's bigger company. We recommended it on national television into earnings. They raise guidance 25% stock goes down six.

Okay, that's not great. Doesn't feel good. But we have a 15 multiple on Broadcom on their 28 fiscal which ends in October and that gets you to 450. So like you have earnings support even if everybody hates it and hedge funds are selling it or dumping or whatever shorting it, you have earnings support.

And just another quick comparison to another company, Nvidia and Broadcom with their trailing 12-month revenue. A lot of talk about Broadcom.

It's also re-accelerating its AI semiconductor revenue right now, thanks to some of those closed model AI labs, especially Google and the TPU, as well as others like OpenAI .

dude. I am getting killed on AVA today. This is this is just terrible. What are What are you doing with what are you doing with AVA here at this point? me. I'm I'm just holding. does that leave you like Dave 2 this morning? It was one of your top picks.

I'm going to dip by kind of kind of scary when you dive like this into the earnings report. That's kind of scary. I'm holding mine into the earnings report, but at the same time, it's long-term shares. um my long-term account that I've been swinging.

So, I'm not really too like concerned about it there.

If you have been following the channel for a while, you know that I have performed excellently with Broadcom stock, which I have held in my investment portfolio for a long time.

If you look at this stock in my growth chart, you will find that I have made a profit of approximately 198% based on the stock's average value. Based on the value of my original shares, I made a profit of approximately 600% .

So, when you look at a stock like Broadcom and notice that it has risen by 645% over the past five years, you might think that you have missed the opportunity. At least, that's what our investment inclination drives us to do.

However, if we look closely at the company's details, we will find evidence of the strength of its business quality, its continued strong growth, and its reasonable valuation, all while it continues to increase its dividend payouts.