AVGO - When is the next catalyst and will it break 400 soon?
u/entwickelnn ·
Reddit — r/stocks
· June 17, 2026 at 03:24
· ⬆ 21 pts
· 💬 19 comments
| View on Reddit ↗
No analysis available.
Score21
Comments19
Upvote %70%
▶ Full Post Text
So the fundamentals of AVGO is very strong.
In short:
\- Strong earnings
\- Strong demand on products
\- Solid footing in AI race
But after earnings Broadcom dropped hard. Although it’s maintaining 375-380 level which is a good sign.
Some negatives that I have read are that Broadcom has done massive layoffs recently. And that most investors were disappointed even though earnings were solid but it just wasn’t up to par with expectations.
So some questions in my head are: When do you think will be its next big jump to a new high? And do you think it’s a buy right now? Is breaking the 400s again in the horizon?
Let’s discuss AVGO.