I'm Buying This 1 Stock to Get Rich (Without Getting Lucky)

Broadcom ( AVGO stock ) has made MASSIVE gains this year thanks to the generative AI boom #openai kicked off with #chatgpt and GPT-4o. Over 99% of ALL internet traffic touches at least one Broadcom chip, making them one of the biggest beneficiaries of generative AI alongside #nvidia ( #nvda stock ), since they work with hyperscalers like Microsoft ( #msft stock ), Google ( GOOG stock ), and Amazon Web Services ( AMZN stock ). But after growing so fast, is AVGO still one of the best stocks to buy now?

Timestamps for this Broadcom Stock Deep Dive:
00:00 Broadcom (AVGO) as an AI Stock
10:51 Broadcom Q2 Earnings & Advantages
13:49 Broadcom vs Nvidia Stock (NVDA)

Resources & References:

🙏 Thanks for watching!

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[SirGenesis]

NVDA and AVGO have been my two top holdings since 2021-22 and I’m very pleased. Didn’t see THIS coming, but I had a feeling these two would be great choices for those spots.

[waynelast]

Have video on TSM? This is one I think we need good forecast about.

[Sophia-btuh]

Great video, I have a quick question. I am an aspiring trader, I am looking study some traders and earn off their expertise rather than investing myself and lose money emotionally. Whats your take on copy trading? Do people really make money? Just looking for some reassurance.
Thank you!

[gokhanarslan]

I work for a development partner of BMW in Germany. We always work on BMW's virtual computers. 2 months ago BMW switched to VMware as VDI service provider. Most of my colleagues think it was an upgrade in terms of speed and response time.

[abidingdude]

Awesome deep dive

Buy and hold. Dollar Cost Average!!!

[PeterK]

Thanks, I added AVGO to my portfolio (I already have NVDA)

[micheleserrao]

Alex you are my "Go To" for tech analysis. I don't have time to waste so when I have time to learn about tech names and look for new investments I come here. And I have been rewarded for it! Thank you!

[jayspinka]

you're the best Alex! Nobodies deep dives compare to yours. The way you take your time and really look under the hood is so helpful 😅

[notseelen]

thanks for the video! I noticed you talk about their sales and future growth, but not much about their current and future valuation (free cash flow, P/E ratio, deeper balance sheet analysis)

I know you've done it in the past, just sharing that I'd love to hear more of that, as while the psychological aspect of stocks is dominated by sales, market share, etc, the richly-valued AI stocks need even more extreme justification to handle the risk

I'll look into AVGO more, but the past few times I haven't found it to be at a price that was palatable yet

[mariocabella]

Avgo will not be the next Nvda but it has bright future.

[Briancrobinsonspeaks]

Alex, another fantastic video! Thank you!

[shawn_]

Can you please share where you get your tees, i like the CPU tee you are wearing?

[adiashro]

Alex, did you buy AVGO?
Wonderful review like always 🎯
I'd appreciate if you can review Micron as well in one of your video's, curious to know what you think product-wise and with respect to her position in the chip market

[tyreecobb]

Excellent review & analysis of AVGO - thanks!!!

[trfp]

Great content!! Just discovered this channel and already followed it. I'd love to see a video about QUANTUM COMPUTING stocks, like IonQ, d-wave, Quantinuum/Honeywell (IOP coming up in early 2025!!!), rigetti and others

[bartdierickx]

Imo opinion they're a very complementary AI stock with nvidia. Nvidia for the general workloads. Broadcom for the specigic workloads.

[copperheadranch]

Thank you for finally doing this. Appreciate it very much.

[equalenergy]

Broadcom has a high level of debt and long term liabilities. Also there has been a lot of insider selling over the last 9 months.

[RK-umtu]

All you need to know is that NANCY PELOSI brought a ton of Broadcom stock last week...

[DemandLachlane-nslj]

Just discovered your channel with this video -- I was able to think about my situation and I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $90K per year but nothing to show for it yet.