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Broadcom Inc. (AVGO) Is a Trending Stock: Facts to Know Before Betting on It
AVGOBroadcom(AVGO) Zacks Investment Research·2024-01-10 15:31

Broadcom Inc. (AVGO) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this chipmaker have returned +1%, compared to the Zacks S&P 500 composite's +3.4% change. During this period, the Zacks Electronics - Semiconductors industry, which Broadcom Inc. falls in, has gained 13.4%. The key question now is: What could be the stock's future direction?While ...