- Broadcom posted a healthy beat-and-raise quarter, with the company continuing to benefit from its leadership in the hot networking/data center market.
- The $61B acquisition of VMware is very much consistent with the company's stated and established strategy, and VMware will further the company's efforts in enterprise software at a reasonable multiple.
- With mid-to-high single-digit growth potential and a fair value around $700, not to mention leadership in multiple essential growth markets, Broadcom is a name for investors to consider.
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More Of The Same From Broadcom Is Perfectly Fine