Of course, for 1 to 2 days JUST BEFORE the Broadcom ER, earnings estimates (Past 7 Days) showed a “decrease” (LOL—Fraudsters) which was replaced with earnings increases (Past 7 Days). Some might have been fooled … but, not me. I posted about this. I am expecting a “V” shaped reversal of the pullback. Barron’s had a fantastic article about AVGO published on March 8th, and why 11 analysts raised their price targets after earnings. Highest price target is by Piper Sandler at $1650. Like I said 2 weeks ago, AVGO typically drops after earnings and then resumes its upward climb. I feel there are a lot of newbie investors on this site, and figure many may panic sell. I’ve been a holder since double digits, and still have never sold a share. Reinvesting every dividend back into new shares. Earnings estimates, in the past 7 days, have been increased for Year 2024 and Year 2025. Cheers!😎
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