Time to Buy Broadcom's (AVGO) Stock After Strong Q2 Results?

Spiking over +15% in early morning trading, Broadcom’s (AVGO)  stock hit all-time highs today as AI helped the semiconductor titan post stellar growth for its fiscal second quarter.After reporting impressive Q2 results Wednesday evening, let’s see if now is a good time to buy Broadcom’s stock.Q2 Review Broadcom’s Q2 sales of $12.48 billion soared 43% from $8.73 billion in the comparative quarter, beating estimates of $12.04 billion by 4%. The top line expansion was attributed to AI revenue of $3.1 billion w ...