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Should Broadcom Inc (AVGO) Stock be in Your Portfolio?

Friday, December 18, 2020 02:26 PM | InvestorsObserver Analysts

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Should Broadcom Inc (AVGO) Stock be in Your Portfolio?

Broadcom Inc (AVGO) stock has gained 33.34% over the last 12 months, and the average rating from Wall Street analysts is a Strong Buy. InvestorsObserver’s proprietary ranking system, gives AVGO stock a score of 81 out of a possible 100.

That rank is mainly influenced by a short-term technical score of 87. AVGO's rank also includes a fundamental score of 80. In addition to the average rating from Wall Street analysts, AVGO stock has a mean target price of 437.842. This means analysts expect the stock to climb 1.31% over the next 12 months. The long-term technical score for AVGO is 75.

Overall Score - 81
AVGO has an Overall Score of 81. Find out what this means to you and get the rest of the rankings on AVGO!

What's Happening with AVGO Stock Today

Broadcom Inc (AVGO) stock is up 2.29% while the S&P 500 is down -0.75% as of 2:22 PM on Friday, Dec 18. AVGO has gained $9.66 from the previous closing price of $422.50 on volume of 1,594,681 shares. Over the past year the S&P 500 is higher by 15.26% while AVGO has gained 33.34%. AVGO earned $6.33 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 68.29.

Click Here to get the full Stock Score Report on Broadcom Inc (AVGO) Stock.

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