dear abu badr where should we buy this stock or should we avoid it?
thank you vert much
Broadcom (BRCM) is slumping $4.41, or 15 percent, to $25.53 on concerns that Motorola (MOT) will partner with Texas Instruments (TXN) on a competing cable modem. Analyst Nathaniel Cohen at Goldman Sachs doesn't believe this would materially impact Broadcom revenue, however, and recommends using any resulting weakness in the stock as a buying opportunity. Motorola is inching up a penny to $14.45 and TI is slipping 15 cents to $27.40.
thank you vert much
Broadcom (BRCM) is slumping $4.41, or 15 percent, to $25.53 on concerns that Motorola (MOT) will partner with Texas Instruments (TXN) on a competing cable modem. Analyst Nathaniel Cohen at Goldman Sachs doesn't believe this would materially impact Broadcom revenue, however, and recommends using any resulting weakness in the stock as a buying opportunity. Motorola is inching up a penny to $14.45 and TI is slipping 15 cents to $27.40.