On a fairly forgettable Wednesday for U.S. stock markets, Broadcom (AVGO 0.76%) was a bit of an outperformer. The company’s stock saw a bump in price, rising by 0.7% after an analyst initiated coverage with a positive evaluation. That performance, although modest, was good enough to top the essentially flat-lining S&P 500 index.
A potential 20% price gain
That morning, before the market’s opening bell, Seaport Global Securities’s Jay Goldberg launched his…
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https://www.fool.com/investing/2025/04/30/why-broadcom-stock-eked-out-a-win-on-wednesday/