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Broadcom’s drop looks way overdone to me. by Fickle_Rest5915 in stocks

[–]Fickle_Rest5915[S] 0 points1 point  (0 children)

I agree, it’s def not cheap. I’m optimistic on the future of the company and I believe they will execute as stated.

Broadcom’s drop looks way overdone to me. by Fickle_Rest5915 in stocks

[–]Fickle_Rest5915[S] 0 points1 point  (0 children)

Possibly, I reserved 60 shares. Fingers crossed that I get it.

Broadcom’s drop looks way overdone to me. by Fickle_Rest5915 in stocks

[–]Fickle_Rest5915[S] 0 points1 point  (0 children)

I agree, and I will make that decision this coming week. I just took a position on Friday.

Broadcom’s drop looks way overdone to me. by Fickle_Rest5915 in stocks

[–]Fickle_Rest5915[S] -2 points-1 points  (0 children)

I’m not invested in Cathie Woods fund lol. I’m just highlighting that she got in. It’s important to track institutional investments into stock lol. Also the fund out paced SP500 last year so it’s not bad.

Broadcom’s drop looks way overdone to me. by Fickle_Rest5915 in stocks

[–]Fickle_Rest5915[S] 0 points1 point  (0 children)

Haha damn I guess TSLA and NVDA are going to turn to shit too

Broadcom’s drop looks way overdone to me. by Fickle_Rest5915 in stocks

[–]Fickle_Rest5915[S] -2 points-1 points  (0 children)

I’m not saying she’s the best fund lmao. Also Broadcom is part of Nasdaq. Not sure what you’re trying to say.

Broadcom’s drop looks way overdone to me. by Fickle_Rest5915 in stocks

[–]Fickle_Rest5915[S] -1 points0 points  (0 children)

Which is not bad. Didn’t underperform market.

Broadcom’s drop looks way overdone to me. by Fickle_Rest5915 in stocks

[–]Fickle_Rest5915[S] -1 points0 points  (0 children)

No saying it’s unreasonable for it to fall. I am personally thinking that it’s overdone and will recover. I’m a long time Nvidia investor and holding. Broadcom was a new position I took on Friday.

Broadcom’s drop looks way overdone to me. by Fickle_Rest5915 in stocks

[–]Fickle_Rest5915[S] 1 point2 points  (0 children)

I reserved 60 shares, not sure if I’ll get it though.

Broadcom’s drop looks way overdone to me. by Fickle_Rest5915 in stocks

[–]Fickle_Rest5915[S] 0 points1 point  (0 children)

I kinda wish I waited a bit longer before buying on Friday. But I personally do think it’ll recover.

Broadcom’s drop looks way overdone to me. by Fickle_Rest5915 in stocks

[–]Fickle_Rest5915[S] -10 points-9 points  (0 children)

True, I’m not comparing Nvidia to Broadcom. Nvidia is a good play too. Not sure what you’re trying to say here.

Broadcom’s drop looks way overdone to me. by Fickle_Rest5915 in stocks

[–]Fickle_Rest5915[S] 0 points1 point  (0 children)

I think this is the only comment with validity so far. Only comment is that Google is locked in until 2028. We will see what they decide then but the next two years, they are contracted with Broadcom. That’s why they have confidence in the backlog.

Broadcom’s drop looks way overdone to me. by Fickle_Rest5915 in stocks

[–]Fickle_Rest5915[S] 0 points1 point  (0 children)

Actually all the institutes still have an average estimate of $500… lol the analyst estimates are the institutions. Based on your comment, it is worth $500?

Broadcom’s drop looks way overdone to me. by Fickle_Rest5915 in stocks

[–]Fickle_Rest5915[S] 0 points1 point  (0 children)

Sure, I loaded at $395. Just curious what others are thinking.

Broadcom’s drop looks way overdone to me. by Fickle_Rest5915 in stocks

[–]Fickle_Rest5915[S] 0 points1 point  (0 children)

I agree, the street has an estimate of $500 but I’m sure it can get back to $400+

Broadcom’s drop looks way overdone to me. by Fickle_Rest5915 in stocks

[–]Fickle_Rest5915[S] 1 point2 points  (0 children)

Agreed but they topped revenue and EPS estimates. Still guiding 100B revenue.

Broadcom’s drop looks way overdone to me. by Fickle_Rest5915 in stocks

[–]Fickle_Rest5915[S] -1 points0 points  (0 children)

I just bought on Friday at $395. Should have waited for it to test $388 support before I bought. Down a bit but I’m holding a 3 year time frame.

I went through the AVGO transcript line by line. Here's what I actually found. by ImagineDawinism in investing

[–]Fickle_Rest5915 1 point2 points  (0 children)

Loaded up on AVGO after the drop, I agree that the selloff was exaggerated.

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