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Strategies & Market Trends : Dividend Growth Investing and chit chat.

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eaglebear
To: cemanuel who wrote (1664)12/10/2021 5:34:54 PM
From: chowder1 Recommendation  Read Replies (2) of 2146
 
Re: BA and AVGO ...

I agree with you about BA but since this one is speculative I need to start it at some point and thought I would start small here. I won't be adding to it until I see some progress.

As to AVGO, I don't know if you've read my latest comment on my thread (seen here):

Message 33614436

It relates to the current condition of the market and how going forward it's no longer value vs growth but simply buying quality and quality is defined by companies with a strong balance sheet, strong earnings quality, strong cash flow quality and strong operating efficiency.

According to Jefferson Research, here's how AVGO rated out:

Earnings Quality - Strongest
Cash Flow Quality - Strongest
Balance Sheet - Strongest
Operating Efficiency - Strong
Valuation - Low Risk

So to me, based on current market conditions and AVGO meeting all of the criteria of a quality company as I define it, it merited me adding to it today.

If others feel against it I'm okay with that, I'm not trying to sell AVGO to people, I'm simply showing what I do and explaining why.
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