Broadcom, Inc. (NASDAQ: AVGO) will be releasing its first-quarter results next week. Over the years, the company constantly broadened its portfolio beyond semiconductors to areas like enterprise software solutions, a strategy complemented by the recent acquisition of VMware.
Broadcom’s stock grew an impressive 4% on Friday morning, soon after opening, and reached a new record high. It has been on an upward spiral for quite some time, and its value more than doubled in the past…