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What are your thoughts on AVGO (Broadcom)?
Investor summaryNeutral
Bought AVGO near ATH and down 20% post-earnings; debating whether to hold for recovery or cut losses due to overvaluation concerns.
Bear points
- Some believe the stock remains overvalued even at $382.
- Experienced a 20% drop post-earnings after buying near all-time highs.
AVGO半导体
Post body
Made the big mistake of buying AVGO near ATH and holding into earnings.
I am at around 20% down and am trying to figure out what to do.
I originally planned to just hold and hope that it would return to ATH by next earnings.
However some believe that the stock is overvalued even at its current price of $382.
So should I just hold or should I sell and take the loss and look for a more promising stock. I don't want to make another mistake.
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