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Broadcom Expects Content Gains Next Quarter


Broadcom Expects Content Gains Next Quarter

Semiconductor supplier Broadcom (NASDAQ: AVGO) reported its fiscal third-quarter results after the market closed on Aug. 24. All segments reported growth, with wireless communications and enterprise storage standing out. While the third-quarter results were solid, the company expects robust content gains in its wireless business to drive an even stronger fourth quarter. Here's what investors need to know about Broadcom's third quarter.

Metric

Q3 2017

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Source: Fool.com

Broadcom Ltd. Stock

€139.64
1.290%
Broadcom Ltd. gained 1.290% today.
The stock is an absolute favorite of our community with 68 Buy predictions and no Sell predictions.
Based on the current price of 139.64 € the target price of 1384 € shows a potential of 891.12% for Broadcom Ltd. which would more than double the current price.
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