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Bowie Capital Management Boosts Broadcom Stake by 2,422 Shares
Bowie Capital Management, LLC, led by Cory Whitaker, has increased its holdings in Broadcom Inc. (AVGO) by 2,422 shares. TipRanks’ AI Analyst, Spark, rates AVGO as “Outperform” due to strong financial performance, high margins, exceptional free-cash-flow generation, and a bullish earnings outlook driven by AI growth. However, Spark notes that valuation is a constraint due to the high P/E and low dividend yield.