There are two big reasons why purchasing Broadcom (NASDAQ:AVGO) during a down market could improve your life and let you enjoy a secure and comfortable retirement.
First, Broadcom is a sterling track record of success. Plus, the profits that the company has made during downturns are legendary.
Up to 30X Returns Over the Following Ten Years!
If Broadcom (NASDAQ:AVGO) expands as forecasted by experts through 2024 and reverts to its historical fair value, it may generate total returns of 28%, or 12% annually.
Over the next 2.5 years, analysts anticipate returns from the S&P 500 of approximately 25% or 10% each year.
If AVGO experiences the anticipated growth and returns to its historical mid-range fair value by 2027, it may produce twice as much, or 14 percent annual returns.
Analysts predict total returns of roughly 49% over the next five years.
The S&P 500, dividend aristocrats, and NASDAQ are just a few of the prominent investing strategies that analysts believe Broadcom might outperform.
With returns of 38X, the company is among the top investments of the previous 13 years. That is roughly 7X greater than the S&P 500 or 28X returns after accounting for inflation.
Over the past 11 years, Broadcom has produced yearly income increases of 50%. Income growth is nearly 5X quicker than the S&P 500.
Analysts predict that Broadcom will generate annual income growth of 21%, which, after accounting for inflation, taxes, and the possibility that the firm won’t grow as predicted, results in a 9.7% real projected income growth.
Now contrast that with their predictions for the S&P 500.
The historical post-tax inflation-adjusted income growth rate for the S&P 500 (under the current tax code) is 5.8% CAGR.
In other words, Broadcom (NASDAQ:AVGO) might produce income growth that is 20X quicker than 60/40 and around 6X faster than the S&P 500.
Even if AVGO merely increases as analysts anticipate for a decade, there might be 3.6X returns after accounting for inflation.
That represents a return potential that is 60% better than the dividend aristocrats and 70% greater than the S&P 500.
For anyone satisfied with its risk profile, AVGO is a realistic and conservative fast-growing high-yield technology investment.
Reason #2: Broadcom is One of the Best Businesses on the Planet
When over 1,000 fundamental metrics are included, including 12 top rating agencies for considering fundamental risk, Broadcom comes out on top.
That’s why the inclusion of Broadcom in a diverse and wisely risk-managed portfolio may transform your life.
One of the best high-yield tech dividend growth companies on the planet is this one. It is managed by Hock Tan, the Warren Buffett of the semiconductor sector, a mad genius whose capacity to formulate and carry out clever deals has made investors immensely wealthy.
As of right now, management claims that anyone investing in AVGO for the long run can anticipate returns of 13.1% or more. Analysts predict returns of 16.7 percent.
Even the more cautious projection outperforms the S&P 500 and dividend aristocrats by a wide margin.
The addressable market for Broadcom (NASDAQ:AVGO) is enormous and expanding quickly. One of the most significant megatrends in human history is driving this dividend growth dynamo.
In the years and decades ahead, investments in 5G, automation, cloud computing, artificial intelligence, and infrastructure have the potential to be very profitable.
And with one of the most talented CEOs in tech history managing your hard-earned cash, Broadcom offers you a high-yield opportunity to profit from it all.
Do You Want to Own One of the Top Tech Firms in the World?
Then think about Broadcom.
Do you like to receive a very secure 3.1 percent income today that management predicts will double in value every six years (or sooner)? If so, Broadcom would be a good fit.
Do you want the chance to earn rewards that could change your life for years or even decades to come? Posing little fundamental risk? If so, Broadcom might be what you need.
The kind of wealthy retirement dream stock that can let you retire in safety and opulence is Broadcom.
Featured Image: Megapixl @Andreistanescu
