On Thursday, Broadcom reached an important technical milestone, with its Relative Strength (RS) Rating climbing into the 80-plus percentile with an improvement to 84, up from 78 the day before. Broadcom makes a variety of analog chips for telecommunications, industrial, auto and computing markets. The 96 rating shows that Broadcom is outperforming 96% of all other stocks in terms of the most important fundamental and technical stock-picking criteria.
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