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Is Broadcom’s Valuation Attractive to Investors?

Is Broadcom’s Valuation Attractive to Investors?

In 2015, Broadcom (AVGO) started improving its revenue and profit through acquisitions, sending its stock upward. Early on, Broadcom stock fell as its acquisition of Qualcomm (QCOM) was blocked by Donald Trump. While the acquisition news impacted Broadcom’s stock, its earnings continued to rise, improving its valuation.