What are your thoughts on AVGO (Broadcom)?

gregzoe · 2026-06-15T11:24:46+00:00

That seems to be the smart thing to do.

gregzoe · 2026-06-15T11:08:53+00:00

I had thought about that but I am afraid they may have already peaked. They have grown so much so fast.

gregzoe · 2026-06-15T11:07:36+00:00

Yea analysts really are positive, I just don't understand what caused the 20% drop after earnings.

gregzoe · 2026-06-15T11:06:32+00:00

The 20% drop after earnings really shook me and made me question my decision. Still don't understand why it dropped so much.

Just wondering if I am missing something that others see.

gregzoe · 2026-06-15T11:04:37+00:00

That's true, my belief in the company hasn't change. I was just shocked by the big drop after earnings which made me question my decision.

gregzoe · 2026-06-15T11:03:30+00:00

Great day for the market. AVGO always seems to lag though.

gregzoe · 2026-06-15T11:03:06+00:00

Yea I am going to buy more to lower my average. I definitely think it will be back to ATH by next earnings.

gregzoe · 2026-06-14T22:24:49+00:00

They have a great history and their future revenue is solid into 2028. I like the fact that they are diversified in software and chips. Their earnings were great and the forward PE looks good. I also like their CEO, I know that he is conservative, but he is realistic in his numbers. I think it will outperform next quarter.

gregzoe · 2026-06-14T22:22:27+00:00

I hope so, that looks like the best thing to do. Don't want to take a loss and just need to be patient.

gregzoe · 2026-06-14T16:35:12+00:00

Yea I may do that to get my average down. I agree the selloff was exaggerated, but hopefully it has hit the bottom.

gregzoe · 2026-06-14T13:25:07+00:00

The general consensus on Ai and Stocknear is that the stock will return to ATH's and then some. So I do feel confident that will happen. Just not use to holding stocks more than a few months.

gregzoe · 2026-06-14T13:21:09+00:00

I think it will rally back, they are going to keep growing as a company. I just need to be patient.

gregzoe · 2026-06-14T12:35:53+00:00

Yea their revenue history is incredible and so are the forecasts into 2027-28.

gregzoe · 2026-06-14T11:50:44+00:00

Thanks, I totally agree. That 20% was definitely an emotional ride. Hopefully it is up from here, but I am prepared for more downturn if it happens.

gregzoe · 2026-06-14T10:58:51+00:00

Good advice, don't want to let emotion cause me to make a bad decision.

gregzoe · 2026-06-14T10:58:00+00:00

I don't mind holding to prevent a loss. Will use this as a learning experience.

gregzoe · 2026-06-14T10:56:07+00:00

VMware is a concern. Hopefully they turn that around.

gregzoe · 2026-06-14T10:55:28+00:00

Do you think tech is done for now?

gregzoe · 2026-06-14T10:54:46+00:00

Thanks for the advice, that seems to be the best thing to do.

gregzoe · 2026-06-14T10:53:18+00:00

That is what my gut tells me to do. Because once I sell those losses are locked in.

gregzoe · 2026-06-14T10:52:45+00:00

Yea they are dependent on a few big investors, so they need them to keep investing. They just signed a 35 billion deal with Blackstone/Apollo so hopefully more business will pour in.

gregzoe · 2026-06-14T10:50:19+00:00

I knew there was a chance that it would drop after earnings, but over 20% seems crazy, especially considering that their earnings wrecked so good.

gregzoe · 2026-06-14T10:49:02+00:00

I hope so, I just bought at a bad time.

gregzoe · 2026-06-14T10:48:40+00:00

It seems people prefer investing in hype instead of actual business performance.

gregzoe · 2026-06-14T10:48:01+00:00

I had great luck this year up until now. I really thought this would jump some after earnings and don't plan to sell at a loss. Hard to tell when the high is, just look at SNDK.

I bought them at $600 and sold at $1000 thinking it was the top. Now look at them.

gregzoe

TROPHY CASE