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AVGO - Broadcom Limited

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by stock1234, Apr 28, 2016.

  1. stock1234

    stock1234 Well-Known Member

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    [​IMG]
    Broadcom Limited designs, develops, and supplies a range of analog and digital semiconductor connectivity solutions. Its product portfolio comprises broadband access and modems, enterprise and network processors, wireless infrastructure, wireless connectivity, Ethernet communication and switching, and set-top box and media processors. The company’s products are used in various applications, including data center networking, home connectivity, broadband access, telecommunications equipment, smartphones and base stations, data center servers and storage, factory automation, power generation and alternative energy systems, and displays. It primarily serves wired infrastructure, wireless communications, enterprise storage, and industrial and other markets in China, the United States, Singapore, and internationally. The company was formerly known as Avago Technologies Limited and changed its name to Broadcom Limited in February 2016. The company was founded in 2005 and is headquartered in Singapore.
     
  2. fidelgeorge

    fidelgeorge Well-Known Member

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    some relief is felt now and if it manages to close above $145 good long if not wait lower support $136
    avgo.png
     
  3. T0rm3nted

    T0rm3nted Moderator
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    Reported after close today (6/2/16)
    Earnings: EPS $2.53 Revenue $3.54B
    Estimates: EPS $2.38 Revenue $3.55B

    Up 7.15% after hours
     
  4. Gambit

    Gambit Active Member

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  5. Gambit

    Gambit Active Member

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    Shares of Broadcom Limited (AVGO) are trading up nearly 1.5% today at $181.20. The stock is closing on its 52-week high of $181.94, which was set on December 13th. The shares have pulled back slightly since, but are now trying to break-out of that range.
     
  6. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    ER on March 1. Looks like this one will run up into earnings.
     
  7. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    This company is doing great. As for the stock... On longer-term charts, you will see it is at the top of Bollingers (even ones centered on 10 sma) with RSI~80. Sideways action will be great for it. If this goes below the daily 50 sma then you'll be getting it at a great price.
     
  8. fidelgeorge

    fidelgeorge Well-Known Member

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    Only up a few $$ from 241 not too long ago so it isn't a big deal just yet. But the next quarter and into the holidays will be awesome!
     
  9. fidelgeorge

    fidelgeorge Well-Known Member

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    That unexpectedly strong Q1 (current quarter) revenue guidance range, coupled with higher margins, means estimates have to be taken UP
     
    Charles Noble likes this.

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