Broadcom (AVGO)
has done alright since my last update on this leading semiconductor
company, with the shares slightly lagging the big recovery in chip
stocks since Christmas prior to the post-earnings jump. While wireless
and storage both saw some weakness, neither was unexpected, and I
believe this company has above-average growth drivers that can continue
to propel the business. Valuation isn’t so compelling now as to make
this a “must buy”, but I see enough reasons to continue to own it as a
core holding.
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Broadcom Executing Well Despite Wireless Pressures
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