Broadcom Inc.’s NASDAQ: AVGO Over the past six months, the price of shares has increased by almost 90%, and over the past six months – more than 60%, which makes it an action, which the analysts of Wall Sustritis are closely monitoring. In this trajectory stable upward, there are many investors who think about whether … Read more
After months of consolidation, the semiconductor sector appears poised for a major breakthrough, reigniting investor interest in this newly market-leading industry. After strong growth in 2023 and the first half of 2024, the semiconductor industry faced challenges mid-year. The sharp sell-off in July, fueled by rising expectations for a rate cut by the Federal Reserve, … Read more
After underperforming the broader market this quarter, the semiconductor sector could be on the cusp of a resurgence. VanEck Semiconductor ETF NASDAQ: SMH gained only 8.36% in the quarter, underperforming the Invesco QQQ ETF. NASDAQ: QQQwhich grew by almost 14%. However, that could change following Broadcom Inc.’s stellar earnings and prospects. NASDAQ: AVGOone of the … Read more