Broadcom, Inc. (AVGO) stock is now at a 6-month low, but analysts' price targets are well above that. Moreover, Broadcom is generating strong revenue and free cash flow (FCF). AVGO could be worth significantly more - over 64% at $530 per share.
That seems too much. AVGO could rise significantly ahead of its earnings and afterward if it shows continued strong FCF growth and margins. This article will discuss this.