Broadcom Expects Content Gains Next Quarter
Semiconductor supplier Broadcom (NASDAQ: AVGO) reported its fiscal third-quarter results after the market closed on Aug. 24. All segments reported growth, with wireless communications and enterprise storage standing out. While the third-quarter results were solid, the company expects robust content gains in its wireless business to drive an even stronger fourth quarter. Here's what investors need to know about Broadcom's third quarter.
Metric
Q3 2017
Source: Fool.com
Broadcom Ltd. Stock
€369.75
1.370%
The stock is an absolute favorite of our community with 82 Buy predictions and no Sell predictions.
As a result the target price of 404 € shows a slightly positive potential of 9.26% compared to the current price of 369.75 € for Broadcom Ltd..
