Broadcom (AVGO): The King Of Semiconductor Stocks?

Broadcom (AVGO) seemingly perfected the process of purchasing tech companies with best-of-breed products at attractive valuations, says Jason Ware. He discusses AVGO as its 1Q adjusted EPS came in at $10.33 versus an estimated $10.16. He talks about how 1Q revenue is up 16% year-over-year and sees 2Q revenue of $8.7B. He also compares AVGO to other semiconductor stocks such as AMD Inc. (AMD), Micron (MU), and Nvidia (NVDA). Tom White then joins to demonstrate an example trade using AVGO. Tune in to find out more about the stock market today.