Why Broadcom's Q3 Earnings Were a Huge Win for AVGO Bulls

Broadcom TodayAVGOBroadcom $364.73 +28.06 (+8.34%) 52-Week Range$ 138.10▼ $372.97Dividend Yield0.65%P/E Ratio93.14Price Target$ 351.92Add to WatchlistOne of the market’s most anticipated earnings reports was last week, coming from semiconductor giant Broadcom NASDAQ: AVGO. Although the company’s financials beat expectations, this alone wasn’t enough for the stock to achieve big after-hours gains on Sept. 4. Get Broadcom alerts:However, the company revealed huge news in its earnings call that led shares to trad ...