Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Mark R. Hake, CFA

Broadcom Generates Impressive Free Cash Flow Margins, Implying AVGO Stock Could Be Worth 18% More

Broadcom Inc. (AVGO) reported on March 7 impressive free cash flow (FCF) and FCF margins for its fiscal Q1 ending Feb. 4. As a result, AVGO stock could be worth up to 18% more. Existing shareholders can gain extra income by shorting out-of-the-money (OTM) put options.

The semiconductor manufacturer's stock fell 7% on Friday, March 8 to $1,308.72 per share. It's off 7.9% from a peak of $1421.39 on March 4. But this may be a “sell on the news” reaction from traders. The underlying value of AVGO stock was improved by these results.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.