Why Things Look Good for Broadcom
Broadcom (NASDAQ: AVGO) has been a stock market darling this year -- up roughly 45% -- thanks to consistent financial growth and rumors of windfall gains from Apple's (NASDAQ: AAPL) next iPhone series. The chipmaker will be closely watched when it releases fiscal third-quarter results after the market closes on Aug. 24, with investors looking for a good third quarter and estimates for a strong fourth quarter.
What's on tap? Let's take a look.
Image Source: Broadcom.
Source: Fool.com
Apple Inc. Stock
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As a result the target price of 208 € shows a slightly positive potential of 3.71% compared to the current price of 200.55 € for Apple Inc..
