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AVGOBEARISHFLIPPEDCNBC FAST MONEY · BULLISH IN SEPTEMBER → BEARISH IN SEPTEMBER

Broadcom AI guidance raise not fully convincing

A bearish take was presented on Broadcom, suggesting the raised AI revenue guidance and targets were not impressive enough to justify buying the stock.

CNBC FAST MONEY CHANGED ITS VIEW

BULLISH FOR 0 DAYS, THEN THE TURN
THEN2 SEP · BULLISHA bullish counter-argument was made: the sell-off on a good quarter with strong margins presents a buying opportunity, as the company might be sandbagging guidance.NOW2 SEP · BEARISHA bearish take was presented on Broadcom, suggesting the raised AI revenue guidance and targets were not impressive enough to justify buying the stock.

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NOT INVESTMENT ADVICE · A SUMMARY OF WHAT WAS SAID ON THE PODCAST · VERIFY AGAINST THE SOURCE