Why Things Look Good for Broadcom

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.

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Source: Fool.com