Broadcom remains a "Buy" as robust AI revenue growth continues, with revenue expected to double in FY2027 and double again in FY2028, pushing the AI mix to 85%. A favorable macro backdrop and robust corporate earnings can mitigate heavy customer concentration and off-balance sheet credit risks for now—buying until something breaks. AVGO trades at 30x forward P/E, which has largely baked in a higher risk premium relative to robust and consistent FCF growth and margin expansion.
Read on seekingalpha.com