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Today is Monday August 25, 2016
One of our favorite stocks reports earnings this Friday
We’re talking about Broadcom.
The ticker is AVGO.
Broadcom has beaten earnings the past 21 quarters
We predict it will make it 22 quarters in a row!
Broadcom typically beats EPS earnings by 5%.
When a company consistently beat earnings
The stock price goes up
And Broadcom is no exception
In the past 2 years, the S&P is up 9%
And Broadcom is up 129%.
In the past 5 years, the S&P is up 85%
And Broadcom is up 454%
In the past 10 years, the S&P is up 106%
And Broadcom – are you sitting down for this? – is up 924%
We think Broadcom will continue to see cost-savings from the merger
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