Power Plays New Idea: AVGO
January 6, 2024

By Scott Redler

Name: Broadcom

Ticker: AVGO

Price: $239

Needs to Hold: $217 to $228

Price Objective 1: N/A

Price Objective 2: N/A

The semis are waking up big time and I expect Broadcom (AVGO) t0 lead in the near term. So I'm adding it to Power Plays here.

If it accelerates over the $249 area, there could be an opportunity to add.

-Scott

Scott Redler Positions Disclosure as of 2025-01-06 at 10.36.53 AM