Reported about 24 hours ago
Broadcom is set to report quarterly results soon, and analysts anticipate a significant stock movement of nearly 6%. Following a solid report from competitor Nvidia, expectations are high, particularly regarding AI revenue projections that could exceed Wall Street estimates. JPMorgan's analyst suggests utilizing call options for a bullish approach on Broadcom's potential earnings surge, reinforcing the company's strong position in the semiconductor market as a top pick. With positive ratings from all tracked analysts and shares up 31% this year, investor interest remains high.
Source: YAHOO