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Amid the Deal with Apple, Is It Too Late to Buy Broadcom Stock?

Will Healy, The Motley Fool
·3-min read
Amid the Deal with Apple, Is It Too Late to Buy Broadcom Stock?

In a move that surprised some investors and analysts, Apple (NASDAQ: AAPL) signed a new multi-billion deal with Broadcom (NASDAQ: AVGO), which will drive the development of components related to 5G radio frequencies. The announcement sent Broadcom stock higher as the relationship between the two companies expanded. Given its already elevated stock price, does this latest deal make Broadcom a buy, or did investors miss their opportunity?

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