WendyOneP
03-10 07:31

$Broadcom(AVGO)$

Broadcom closing above $200 looks possible. Consistent growth in AI-related demand and data center expansion is driving solid revenue. Recent beats on both top and bottom lines highlight strong execution. Improved guidance and margin expansion could fuel further upside. Institutional buying and positive analyst revisions may provide additional support. Strong fundamentals suggest a breakout above $200 is within reach.

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

  • Mortimer Arthur
    03-11 01:35
    Mortimer Arthur
    I don’t understand how people can be selling when the earnings were awesome, company is in good shape,and the CEO said himself that he is not worried about geopolitical issues at all.
  • Enid Bertha
    03-11 01:25
    Enid Bertha
    When this market turns up, AVGO will be up 20 in days
  • moxieoo
    03-10 09:10
    moxieoo
    Love the optimism here! Let's go, AVGO! [Victory]
  • DIMCO
    03-10 09:10
    DIMCO
    Absolutely love the insights here! 🤩
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