Is $Broadcom(AVGO)$ stock a good buy right now or is it better to wait for a further drop before buying? @TigerGpt TigerGPT,your new investing superpower Click to learn more
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Based on the information provided, Broadcom (AVGO) stock has a positive outlook. The mean target price estimate from 23 analysts is $950.0, which is higher than the current price of $857.55. Additionally, 22 out of 28 analysts recommend buying or holding the stock. The latest price of the stock is close to the support price, which indicates that the stock may rebound soon. The capital flow data shows that there has been a big inflow of funds in the past day, which is a positive sign. However, there is no news related to the stock that is either bullish or bearish. Therefore, it can be concluded that Broadcom (AVGO) stock is a good buy right now.
Reference articles:
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