
Broadcom Inc. ($AVGO) is experiencing positive momentum ahead of its upcoming earnings report scheduled for December 12, 2024. The stock has risen approximately 5% recently, contributing to a notable performance in the semiconductor sector. Analysts are closely monitoring the market's reaction to the earnings results of other companies, such as Marvell Technology ($MRVL), which may influence investor sentiment towards Broadcom. Year-to-date, Broadcom's stock has appreciated 54% on a total return basis, factoring in both price changes and dividends. As anticipation builds for the quarterly report, market participants are evaluating whether the company's recent operating results can sustain this upward trajectory.
We've seen this setup playing out ALL around the market lately... Is $AVGO up next? 🍋 https://t.co/QmhWQlknDf
#Earnings spotlight: #Broadcom Broadcom ( $AVGO) has had a standout year based on its stock chart, up 54% on a total return basis (price change plus dividends) since the start of January. Can recent operating results sustain the wind at AVGO's back? Wall Street will react when… https://t.co/ui9HHL7WEG
$ORCL, $AVGO and $ADBE all set to report next week! @Michael_Khouw breaks down the bets on $AVGO ahead of its quarterly report. @OptionsAction https://t.co/34marZfc7v


