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Posted by
Two Blokes Jun 5 -
Filed in
Stock
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9 views
Broadcom Inc. delivered strong Q2 results, beating both revenue and earnings estimates, driven by cloud computing and AI tailwinds. Despite impressive growth, AVGO stock appears expensive at current levels, limiting its attractiveness as a new investment. Shares have been volatile, recently rebounding from lows, but market reaction to the latest earnings was negative.
