HOLD AVGO
0 shares at $349.90 on 2026-02-07
Reasoning
AVGO thesis is strong (AI backlog $73B, AI revenue grew 65%, 27 analysts 'Strong Buy', avg target $423) but not in today's playbook priority actions. Entry trigger specifies $305-320 range on weakness; stock at $310-335 range is in acceptable entry zone but at upper end. Portfolio is now 55% deployed (AMZN + TSM), leaving $447 buying power. Rather than over-diversify a small $1,000 portfolio with a 4th position, maintain optionality. AVGO remains on watch list for next session if it pulls back toward $305-310 support. Current positions focus on highest-conviction AI infrastructure plays (TSM) and cloud capex beneficiary (AMZN).