Why Broadcom Stock Is Still Going Down

Broadcom (NASDAQ: AVGO) stock closed down 12.6% yesterday, despite squeaking past analyst forecasts for Q2 2026 earnings. Shares of the specialty semiconductor maker continued to slide in Friday morning trading, and are down 4.2% through 9:45 a.m. ET.

But does Broadcom stock deserve to get sold off so hard after an earnings beat?

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia. Continue »

How Broadcom disappointed investors yesterday

Broadcom beat by a nickel yesterday, reporting $2.44 per share in pro forma earnings and a GAAP profit of $1.91 per share — up 85% year-over-year. Furthermore, Broadcom management raised guidance for the current third quarter, predicting sales will reach $29.4 billion, up 32%…