By Mill Chart
Last update: Apr 4, 2024
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.
At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.
Taking everything into account, AVGO scores 6 out of 10 in our fundamental rating. AVGO was compared to 107 industry peers in the Semiconductors & Semiconductor Equipment industry. While AVGO belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. AVGO has a decent growth rate and is not valued too expensively.
Check the latest full fundamental report of AVGO for a complete fundamental analysis.
More ideas for quality investing can be found on ChartMill in our Caviar Cruise screen.
This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.
BROADCOM INC
NASDAQ:AVGO (4/29/2024, 2:28:36 PM)
1332.03
-12.04 (-0.9%)
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Exploring BROADCOM INC (NASDAQ:AVGO)'s quality characteristics.
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