By Mill Chart
Last update: Nov 29, 2023
Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if BROADCOM INC (NASDAQ:AVGO) is suited for quality investing. Investors should of course do their own research, but we spotted BROADCOM INC showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.
ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.
Taking everything into account, AVGO scores 6 out of 10 in our fundamental rating. AVGO was compared to 105 industry peers in the Semiconductors & Semiconductor Equipment industry. AVGO scores excellent on profitability, but there are some minor concerns on its financial health. AVGO has a correct valuation and a medium growth rate.
For an up to date full fundamental analysis you can check the fundamental report of AVGO
More quality stocks can be found in our Caviar Cruise screen.
Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.
BROADCOM INC
NASDAQ:AVGO (5/2/2024, 7:00:01 PM)
After market: 1250 +11.43 (+0.92%)1238.57
-4.29 (-0.35%)
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