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Barchart
Barchart
Wajeeh Khan

Should You Buy the Post-Earnings Dip in Broadcom Stock?

Broadcom AVGO

Broadcom (AVGO) shares closed down 5% on Friday after the chipmaker reported a strong fiscal Q2 but issued in-line guidance only for its current financial quarter.

However, analysts recommend buying AVGO shares on the post-earnings dip since the company’s release indicated continued momentum in its artificial intelligence offerings. 

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