Broadcom Estimates Are Rising, Pushing Up AVGO Stock's Value - Good for OTM Short Put Plays
Mark R. Hake, CFA
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Barchart
Analysts have been hiking Broadcom's revenue estimates, which has raised its value. This is based on Broadcom's strong free cash flow margins. As a result, shorting out-of-the-money (OTM) put options works well here.
