Reported 3 days ago
Broadcom's stock has surged 109% in the past year, driven by its success in the AI semiconductor sector. As the company prepares to release its fiscal Q3 earnings report on September 4, there are questions about whether now is a good time to invest. Despite its high valuation at 37 times next year's expected earnings, analysts remain bullish, with many recommending the stock as a buy. Amidst the ongoing growth in AI technology and strong company performance, the outlook for Broadcom remains positive.
Source: YAHOO