Should You Buy Broadcom Stock Before Sept. 5?
Broadcom(AVGO) The Motley Fool·2024-08-31 23:00
Will this semiconductor stock's rally get a shot in the arm from its upcoming earnings report?Broadcom (AVGO 3.75%) stock has stitched together impressive gains of 43% so far in 2024, easily outpacing the 22% gains clocked by the PHLX Semiconductor Sector index this year, and that's not surprising as the semiconductor giant has been delivering solid quarterly results of late, thanks to the growing demand for its custom chips.Artificial intelligence (AI) is playing a central role in giving Broadcom's busines ...