Broadcom Inc. AVGO Expected to Announce Strong Q4 and Fiscal Year 2024 Results
Published on November 17, 2024
Broadcom Inc., a leading semiconductor company, is set to announce its fourth quarter and fiscal year 2024 financial results on Thursday, December 12, 2024. The company has been making significant advancements in the AI chip market, leading to a surge in demand for its products. As a result, Jefferies, a global investment bank, has reaffirmed its buy rating on AVGO stock. With the continuous growth in the AI industry and Broadcom's strong position in the market, experts from Stocks Prognosis recommend considering buying AVGO shares for long-term investment.
Investor opinions & comments
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SophiaHarris
November 21, 2024 at 10:59
Broadcom's strong position in the AI chip market is definitely a good sign for its future growth. I'm optimistic about their financial results
IsaacPerry
November 21, 2024 at 08:03
With the continuous growth in the AI industry, Broadcom is well-positioned for success. Buying AVGO shares for long-term investment seems like a smart move
AaronCooper
November 21, 2024 at 03:16
I've been following AVGO stock closely and I agree with Jefferies' buy rating. The surge in demand for their products is a good indicator of future growth
BudgetBrad
November 19, 2024 at 21:13
I'm skeptical of Jefferies' buy rating on AVGO stock. Investment banks often have their own agendas and may not always provide objective analysis
LilyPerez
November 18, 2024 at 19:12
I'm considering buying AVGO shares for long-term investment. The continuous growth in the AI industry and Broadcom's strong position makes it an attractive option
BenjaminParker
November 18, 2024 at 09:22
I'm excited to see the strong Q4 and fiscal year 2024 results from Broadcom! The advancements in the AI chip market are definitely promising
CashCasey
November 18, 2024 at 06:18
I'm confident that Broadcom's strong Q4 and fiscal year 2024 results will exceed expectations. The surge in demand for their products is a positive indicator
NicholasEdwards
November 18, 2024 at 02:25
I'm not convinced that Broadcom's advancements in the AI chip market will translate into strong financial results. There's a lot of competition in this industry and it's difficult to predict trends
TraderTroy
November 18, 2024 at 02:17
I'm not sure if buying AVGO shares for long-term investment is a wise decision. The market can be unpredictable and there are no guarantees of future success