Broadcom (AVGO) reports earnings Wednesday March 1st after the close.

Its last earnings miss was February 2011.

It has beaten earnings every quarter the past 6 years.

Its winning streak is 23 quarters.

We expect this streak to continue.

On February 23rd, Brocade (BRCD) missed earnings by 10 cents.

This pressured Broadcom’s shares a little bit.

That’s because in November 2016, Broadcom agree to buy Brocade for $5.9 billion.

Broadcom’s management team is shareholder friendly.

They’re focused on the quarterly numbers as well as having a long-term view.

Its M&A activity over the years give it synergy and cost-savings.

We recommend buying the January 2018 $230 calls.

As more news comes out on the new Apple (AAPL) iPhone before its September launch, we expect Broadcom’s stock price to continue climbing higher.

» Subscribe to TwinsTalkStocks: http://bit.ly/SDTTS

About TwinsTalkStocks: Join 9 year old twins, Devin Kalel and Ashay Jorel, as they talk about the stock market. Whether you want to save up for college, buy a new car, make a down payment on a house, save up for a vacation, or just make some extra money to pay some bills, Twins Talk Stocks can help you!

Website: http://www.twinstalkstocks.com
Facebook: https://www.facebook.com/twinstalksto…
Instagram: https://www.instagram.com/twinstalkst…
Pinterest: https://www.pinterest.com/twinstalkst…
Venmo: https://venmo.com/TwinsTalkStocks

Leave a Reply

Your email address will not be published. Required fields are marked *

*