Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Today's Chart: Is Broadcom CEO Hock Tan Worth His Great Pay?

Today's Chart: Is Broadcom CEO Hock Tan Worth His Great Pay?

As Broadcom Inc. (AVGO) stock builds to a full-time high, the seemingly run of its CEO is rather less controversial.

Stocks of the chipstock have climbed to just shy of $ 300 on their daily highs on Friday, rising past the previous all-time high of just under $ 287 reached on February 20. The new heights reflect an approximately 100% return since the merger of Avago and Broadcom, and an annual return is approaching 40% over the past five years.

Jefferie's analyst Mark Lipacis expressed his belief that along with Nvidia Corp. (NVDA) CEO Jensen Huang Tan is one of the best directors in the company, not only based on the track record, but the company's positioning for the way forward.

"We cannot help but notice that two of the most successful seminar directors are bringing together complete half and software solutions for the targeted HPC / DC market ̵

1; we do not believe that AVGO's P / E reflects the power of this strategy," "Jefferies & # 39; Lipacis. "Both companies are positioning for high performance computing and data center markets with complete solutions – we don't believe the flow of this strategy is fully appreciated by Street."

Recognition is a significant contrast to the title of American third "most overpaid CEO" in America from nonprofit corporate action foundation like You Sow.

For a look at some of America's highest paid CEOs and their three year annual returns, see the charts below:

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