BUY AVGO
0.479999999999999982236431605997495353221893310546875 shares at $349.90 on 2026-02-07
Reasoning
AVGO trading ~$315, down 25% from $415 peak. $21B Google orders, $8.2B AI revenue guided (100% YoY growth), $73B AI backlog validates hyperscaler capex thesis. Jefferies $500 target implies 58% upside. Diversified exposure (custom chips + VMware) reduces single-customer risk vs pure-play AI chip stocks. Position sizes at $151.20 (1.5% of buying power). Playbook max qty 0.48 — fully allocated.
Outcome
7-day: -4.96% · 30-day: -1.16%