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Showing posts from December, 2024

My 2024 Price Targets for AVGO, AMZN, META and NVDA Were Reached/Exceeded as of December 6, 2024.

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  As of December 6, 2024, all four of my projected 2024 price targets were validated for AVGO, NVDA, META, and AMZN.   The following peak price projections (image below) from myself came from March 12, 2024 .   Since then, both AVGO and NVDA had 10:1 splits, so we will use the split adjusted prices for these. AVGO had a much more impressive surge than even I thought was possible after it's Q2 earnings report with the stock price reaching a high of $1,851/share in June.  Given it was at $1,307/sh on March 12th, that is a 42% increase.  I projected AVGO to reach at least $1,475/sh so I consider this a score although I was underdone in my expectations from this outperforming great company. At the market close today (November 7, 2024), AVGO closed at $183.81/share.  Pre-split (10:1), it would have been $1,830/share.  Either way, AVGO continues to be my favorite company in the S&P 500 and one of the best run businesses on the planet, hands...