Tuesday, February 5, 2013

Investopedia: Broadcom Stumbles, But The Street Forgives

The next time Wall Street is fair will be the first time, but I imagine investors in some of the beaten-up tech stocks are looking at Broadcom (Nasdaq:BRCM) with a little envy or resentment. Although Broadcom's guidance for the next quarter was pretty soft, as the Street basically shrugged it off and gave the company/stock a pass. Broadcom enjoys tremendous support among sell-side analysts, but the company still looks like an appealing play on growth in the mobile/wireless, networking and home connectivity markets.

Read the full article here:
http://www.investopedia.com/stock-analysis/2013/Broadcom-Stumbles-But-The-Street-Forgives-BRCM-QCOM-AAPL-FSL0205.aspx

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