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Benzinga
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How To Earn $500 A Month From Broadcom Stock Ahead Of Q3 Earnings

1. Broadcom's Q3 earnings expected at $1.65 per share, up from $1.24. 2. Projected revenue of $15.83 billion, up from $13.07 billion. 3. Company beat revenue estimates for eight of the last ten quarters. 4. Annual dividend yield stands at 0.78%, with $2.36 per share. 5. Broadcom's stock rose 1.4% to $302.39 ahead of earnings report.

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FAQ

Why Bullish?

The projected earnings and revenue growth indicate strong operational performance, likely leading to positive market sentiment. Historically, consistent revenue beats have driven AVGO's stock upwards.

How important is it?

Strong earnings expectations are crucial for AVGO investors, influencing both market perception and potential dividends.

Why Short Term?

Earnings reports typically influence stock prices immediately; strong results could lead to a quick surge in share price.

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