AVGO: down 30% from highs with revenue up 85%

Imported from Reddit r/ValueInvesting. Filed by the system importer, not a fake user. Original post: https://www.reddit.com/r/ValueInvesting/comments/1xvacu0/avgo_down_30_from_highs_with_revenue_up_85_is_the/ From the original post: Broadcom is a stock I keep going back and forth on, so I'm curious what this sub thinks. The case for it as a value-adjacent buy: it's down ~30% from its $495 June high. The Nov 6 low was $289.77. Even after a 19% run in the last 5 sessions (and a 5% pullback today), you're buying well off the top. The growth is real. Q3 revenue was $29.6B, up 85% year over year. Q4 earnings are Dec 9, with consensus around $35.6B in revenue. This isn't a story stock — it's a $1.7T company printing real numbers.