H
1 day ago, 08:22 AM
$Broadcom(AVGO.US)
π My Call: US$389.50
π¬ Why: Broadcom enters earnings with expectations reset after a substantial pullback while AI infrastructure demand remains strong.
I expect Q3 results to broadly meet or exceed guidance, with a constructive Q4 AI outlook restoring investor confidence.
However, elevated bond yields may cap multiple expansion, making a 3β8% post-earnings gain my base case.
p.s: I am unable to vote even though its not yet 3rd September which is when the vote closed so do consider this as my vote: +3 to +8% (up 3% to 8%) ππΌ
@Captain's Watch
@Captain Leo
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.