Will Broadcom Stock Continue To See Higher Levels After A 35% Rise This Year?

ANKARA, TURKIYE - MAY 29: In this photo illustration, Broadcom and VMware logos are seen displayed ... [+] on a computer screen in Ankara, Turkiye on May 29, 2024. (Photo by Abdullah Guclu/Anadolu via Getty Images)Anadolu via Getty ImagesBroadcom Inc. (NASDAQ: AVGO), a semiconductor, enterprise software, and security solutions provider, has seen its stock rise over 35% this year, aligning with the growth seen by its peer – Lam Research (NASDAQ: LRCX). Broadcom recently reported its Q2 fiscal 2024 results (f ...