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-0.000704944683422304 -0.00174797508236348 -0.00189903465738257 -0.00159691550734439 -4.31598785768357E-05 -0.00418650822195682 -0.000460372038153405 -0.00156814225495984
Stock impact report

Is Broadcom Stock a Buy After the Dip? [Yahoo! Finance]

Broadcom Inc. (AVGO) 
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Company Research Source: Yahoo! Finance
10 stocks we like better than Broadcom › Semiconductor giant Broadcom (NASDAQ: AVGO) is one of the big winners in the recent generative artificial intelligence (AI) boom that started with the launch of OpenAI's ChatGPT in 2022. Shares have soared by roughly 350% in three years as investors bet on its ability to capitalize on the soaring demand for advanced computing hardware. That said, some market participants feel that the AI boom might be getting ahead of itself as companies overspend on data centers without a meaningful guarantee of future returns. This uncertainty has sent Broadcom's stock down by around 15% from its all-time high of $412. Let's dig deeper into the pros and cons of the stock to see if this dip is a buying opportunity or a signal for investors to stay far away. The stock's recent slide came after Broadcom's fourth-quarter earnings report in mid-December. On the surface, the numbers were fantastic. Revenue jumped 28% year over year to a record of $18 bil Show less Read more
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