diagonal
spacer

Broadcom

By Steve Abraham on Apr 21, 2008

BRCD is a long time tech company that has recently gotten crushed, plain and simple.  The stock was riding high last year when it reported poor numbers and then it was game over.  Well, looks like Broadcom isn’t dead yet.  The stock has broken out of a 6 month downtrend.  The uptrend is strong based upon the ADX reading of 31.   BRCM has had an orderly recovery over the last month.  I have no price target on the stock and have not researched earnings releases, etc. but in terms of the trend, I don’t think it going back to the previous March lows. I think BRCM is a good risk on a pullback.

brcm.PNG

spacer
This entry was posted on Monday, April 21st, 2008 at 6:05 pm and is filed under Annotated Analysis. You can skip to the end and leave a response. Pinging is currently not allowed.


7 Responses to “Broadcom”


By Sramana Mitra on April 23rd, 2008 at 9:58 am

So, is Broadcom a bargain right now? Have a look at this valuation analysis …
http://sramanamitra.com/2008/02/29/broadcom-valuation/

By Steve A on April 27th, 2008 at 12:50 pm

I haven’t done much fundamental analysis on BRCM. I picked this stock just from my daily scan. BRCM may or may not be expensive from a valuation perspective but honestly that doesnt matter if the future earnings are expected to increase. Is it possible the BRCM has something to do with the next gen iPhone? Just a thought.

By emily on May 14th, 2008 at 11:47 am

If you own stocks then you can’t afford to get news later than everyone else. Try easystockalerts.com for a week and you’ll see what I mean. There is no fee and no spam…

By samuel765820 on June 5th, 2008 at 11:19 am

Hi, now days there are lots of websites are offering financial news and help, I know one among of them called easystockalerts.com. It allows you to get the news before it even appears on the web. It’s like having a Bloomberg terminal at your desk, but only better! No spam, just very useful, actionable investment ideas.

By lane9a5a on June 11th, 2008 at 9:01 am

Get the news on the stocks that you have interest in with the latest updates even before it appears on the web. Have a look at easystockalerts.com . This site also takes care of the top financial blogs for opinions on your stocks. Nothing to be associated with spam, just pure, useful actionable investment ideas. Sign up for easystockalerts.com to get the updated news.

By patrick_in3 on June 13th, 2008 at 10:51 am

Have a subscription to easystockalerts.com and the get the latest news that interest you before it hits yahoo and makes a coming on the web. This would be a good way to make money without the worries of the stock news…so sigh up at easystockalerts.com and make things happen.

By adrian_in9 on June 16th, 2008 at 11:35 am

Don’t wait to get the news and loose on the money you could make by being updated. Make yourself more money by getting the latest news on the stocks that you track, get the news before it breaks in the public by visiting easystockalerts.com .

Leave a Comment


Comments:

Related Posts

No results.