9/5/24 - $avgo - long print at $155

5 Sep 2024

9/5/24 :: VROCKSTAR :: AVGO
long print at $155

- 7/10 idea. so for me that's small position
- 30x PE on name that's growing 20's: reasonable
- my fourth tier name after TSM > NVDA > ASML > AVGO
- i literally own NO semi's rn outside of some SOXL C's that are more managing exposure, book, length etc, and you'll never catch me writing about. i'm not a tik-sht-er. what you see is what you get. if you're old enough to get it... WYSIWYG culture here :)
- if you look at $AVGO/SMH you'll see this is a "wanted" name. it's defn an AI play. it doesn't have such a cult following as $NVDA. it's an outperformer tho.
- tough tape
- per my comment on GDLC becoming a 50% position today i'm making a risk-on bet into tmr's """job's report""". that being said...
- 2.5% fcf gen. great growth. good product. capable mgmt. not cheap. but you get what you pay for. and software is becoming more commoditized by the day. cursor is a-maz-ing. so we'll need to come back to the B2B names with a more critical eye in rest of '24 and 2025. but semi's can't be made in a terminal laboratory and the scale is just that. moat for now.
- so i like this one. i'm not necking out. but i'm long. might be calls ;)

lmk if you see it differently. i enjoy the comments!

V

8 Jan

Dagangan ditutup secara manual

- future bright for AVGO, if you're a LT holder... think things are good
- price and valuation matter to me, if you've followed along
- for 2x the multiple vs. TSM, but for less growth and lower ebitda mgn and fcf generation... TSM is my horse.
- don't like shorting HQ companies hitting on all cylinders. semis tailwind will help
- but i think you can do better in TSM > NVDA > others for now.

just wanted to close the thread here... that i think the orange is mostly squeezed. only eyeing a much better oppty on a mkt sell off to re-enter this puppy.

always curious which semis you are fishing at, anon, the tailwind will be long.

V