Broadcom Q2 Earnings: Expensive Stock Yet Phenomenal Business

Sundry Photography Prelude I initiated coverage of Broadcom Inc (NASDAQ:AVGO)(NEOE:AVGO:CA) following the Q1 earnings report with a Buy rating. The stock has performed well since that article, and I reiterate my Buy rating following the Q2 report. Let's dive into the Q2 report and discuss why it strengthened my conviction in Broadcom. Q2 2024 Earnings Broadcom is a semiconductor and software company with a broad range of offerings. The company posted a double beat and raise with Non-GAAP EPS of $10.96 b ...