Analyst Says Broadcom (AVGO) is ‘Too Expensive’ – ‘Don’t Think They’re Going to Take Over Nvidia’
We recently published 10 Stock News You Should Pay Attention To. Broadcom Inc. (NASDAQ:AVGO) is one of the stocks to watch in September. Stephen Weiss, the Chief Investment Officer and Managing Partner of Short Hills Capital Partners, said in a recent program on CNBC that Broadcom is expensive. However, he believes it’s a good “alternative” for people looking for “less advanced” chips. “I’m not worried about Nvidia given its growth rate. Sure, it’s expensive, but given its growth rate, the peg is not ove ...