Broadcom Inc.
Investment Thesis
AVGO has declined 9.7% over the past month to $310.51, creating an attractive entry point ahead of Q1 FY2026 earnings on March 4th. The selloff appears technical rather than fundamental, with the $73B AI backlog intact and Google's announcement of up to $185B in AI infrastructure spending directly benefiting Broadcom's custom AI chip business. The stock is testing critical $310 support with a favorable risk/reward setup into earnings.
Why It May Work
Why It May Not Work
Timeline
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