Where Will Broadcom Stock Be in 3 Years?

Can this high-flying semiconductor stock start rising once again following its post-earnings setback?Broadcom (AVGO 6.79%) investors got a reality check last week following the release of the company's fiscal 2024 third-quarter results (for the three months ended Aug. 4). As a result, shares of the semiconductor giant tumbled more than 10% in a single session, even though its revenue and earnings exceeded expectations. The chipmaker fell victim to Wall Street's ambitious expectations as its guidance for the ...