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Why Broadcom Stock Was Climbing Today


Shares of Broadcom (NASDAQ: AVGO), the semiconductor company known for making chips for networking components, broadband, wireless, infrastructure, and data centers, were moving higher today after it got a bullish analyst note ahead of its second-quarter earnings report due on Thursday.

The stock also seemed to benefit from broader tailwinds in tech and AI stocks today.  

The stock closed up 3.4% while the gained 1.7%.

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Source Fool.com

Broadcom Ltd. Stock

€149.84
-0.320%
The price for the Broadcom Ltd. stock decreased slightly today. Compared to yesterday there is a change of -€0.480 (-0.320%).
With 69 Buy predictions and not a single Sell prediction Broadcom Ltd. is an absolute favorite of our community.
With a target price of 1382 € there is potential for a 822.32% increase which would mean more than doubling the current price of 149.84 € for Broadcom Ltd..
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