Why Broadcom Stock Is Rising Today
(NASDAQ: AVGO) stock is gaining ground in Wednesday's trading. The company's share price was up 2.8% as of 2:40 p.m. ET and had been up as much as 5.6% earlier in the session.
Broadcom stock is moving higher today following the announcement of new product launches. The company's valuation is also on the rise thanks to investors betting that Nvidia will deliver another strong earnings report after the market closes today. At the time of this writing, Nvidia stock was up 1.9%.
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Source Fool.com
Broadcom Ltd. Stock
€321.85
-0.370%
The stock is one of the favorites of our community with 87 Buy predictions and 1 Sell predictions.
As a result the target price of 358 € shows a slightly positive potential of 11.23% compared to the current price of 321.85 € for Broadcom Ltd..
