Broadcom reports earnings Thursday December 8th after the close.

It’s gotten big over the years by buying other companies.

Last May Avago Technologies bought Broadcom for $37 billion.

It kept the Broadcom name and the “AVGO” ticker symbol.

The deal closed in February this year.

They are now seeing cost-saving synergies from this deal.

They’re not done making deals.

Last month they said they will buy Brocade Communications (BRCD) for $5.9 billion.

They are diversifying so they are not so dependent on smartphone sales, which are slowing down.

The stock is up 8% YTD but up 865% over the past 10 years.

We are long Broadcom for the next 12 months.

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