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Jim Cramer on Broadcom Inc. (AVGO): 'So Let's Understand, It Goes Down At The Report And That's Your Chance To Pull The Trigger'


Published on 2024-12-11 11:21:28 - MSN
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  • We recently compiled a list of the 10 Best Jim Cramer Stocks to Buy According to Analysts. In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against the other Jim Cramer stocks.

Jim Cramer discussed Broadcom Inc. (AVGO) on CNBC's "Mad Money," emphasizing the company's recent performance and future prospects. He highlighted that despite a dip in Broadcom's stock price following their earnings report, the company's fundamentals remain strong. Cramer pointed out that Broadcom's revenue increased by 34% year-over-year, driven by robust demand in AI and networking sectors. He suggested that the stock price drop presented a buying opportunity for investors, as the company continues to benefit from trends in cloud computing, AI, and 5G technology. Cramer also mentioned Broadcom's strategic acquisitions and their potential to further enhance the company's growth, advising viewers to consider investing in AVGO during this dip.

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