$Broadcom(AVGO)$ Broadcom’s st

Broadcom’s strong earnings beat could propel it past the $200 mark, supported by solid AI-driven demand and resilient enterprise spending. The company’s robust margins and consistent revenue growth further strengthen investor confidence. However, broader market sentiment and potential rate concerns may act as hurdles. If bullish momentum sustains, a close above $200 seems likely.

Earnings Season: Can Broadcom Close Above $200 After Beats?

Broadcom reported first-quarter earnings on Thursday that topped analysts’ expectations, and the chipmaker offered strong guidance for the current quarter. The stock jumped 16% in extended trading. ----------- How do you view Broadcom earnings compare to the drop of Marvell? Can Broadcom close above $200 this week?

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Comments

Enid Bertha
03-08
Enid Bertha
Could you imagine betting on AVGO dropping below the 200-Day average. I sure would hate to be short this beast…
Mortimer Arthur
03-08
Mortimer Arthur
It will be $275-$300 by years end
snixy
03-07
snixy
I love your analysis

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The stock jumped 16% in extended trading.\n-----------\nHow do you view Broadcom earnings compare to the drop of Marvell?\nCan Broadcom close above $200 this week?","image":"https://community-static.tradeup.com/news/504cc16f0b769ba2da8143d341b001fb"}],"images":[{"img":"https://community-static.tradeup.com/news/7b3e9d56131f64f985af6fb43f70d27b","width":"1024","height":"553"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/7b3e9d56131f64f985af6fb43f70d27b","width":"1024","height":"553"}],"html":"<html><head></head><body> <a data-mention-id=\"AVGO\" class=\"teditor-mention\" data-mention-name=\"Broadcom\" href=\"https://ttm.financial/S/AVGO\">$Broadcom(AVGO)$</a> <v-v data-views=\"1\"></v-v>Broadcom’s strong earnings beat could propel it past the $200 mark, supported by solid AI-driven demand and resilient enterprise spending. The company’s robust margins and consistent revenue growth further strengthen investor confidence. However, broader market sentiment and potential rate concerns may act as hurdles. If bullish momentum sustains, a close above $200 seems likely.<img src=\"https://community-static.tradeup.com/news/7b3e9d56131f64f985af6fb43f70d27b\" tg-width=\"1024\" tg-height=\"553\"></body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"AVGO\" class=\"teditor-mention\" data-mention-name=\"Broadcom\" href=\"https://ttm.financial/S/AVGO\">$Broadcom(AVGO)$</a> <v-v data-views=\"1\"></v-v>Broadcom’s strong earnings beat could propel it past the $200 mark, supported by solid AI-driven demand and resilient enterprise spending. The company’s robust margins and consistent revenue growth further strengthen investor confidence. However, broader market sentiment and potential rate concerns may act as hurdles. If bullish momentum sustains, a close above $200 seems likely.<img src=\"https://community-static.tradeup.com/news/7b3e9d56131f64f985af6fb43f70d27b\" tg-width=\"1024\" tg-height=\"553\"></body></html>","text":"$Broadcom(AVGO)$ Broadcom’s strong earnings beat could propel it past the $200 mark, supported by solid AI-driven demand and resilient enterprise spending. The company’s robust margins and consistent revenue growth further strengthen investor confidence. However, broader market sentiment and potential rate concerns may act as hurdles. 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