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Broadcom (AVGO - Free Report) ) is a premier designer, developer and global supplier of a broad range of semiconductor devices. Broadcom is benefiting from strong demand for its networking products and custom AI accelerators (XPUs) as witnessed in first-quarter fiscal 2025. Strong demand for Broadcom’s application-specific integrated chips (ASICs), designed to support AI and machine learning, aids top-line growth. Broadcom expects second-quarter fiscal 2025 AI revenues to jump 44% year over year to $4.4 billion. The acquisition of VMware has benefited Infrastructure software solutions. As of fiscal first quarter, roughly 70% of Broadcom’s largest 10,000 customers have adopted VMware Cloud Foundation. Broadcom’s expanding AI portfolio, along with a rich partner base, reflects solid top-line growth potential. Broadcom generates significant cash flow that enables it to pay out consistent dividend. In terms of earnings estimate revisions for Broadcom Inc., the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $6.62.
Centrus Energy Corp. (LEU - Free Report) ) is a supplier of enriched uranium fuel for commercial nuclear power plants. Earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. There has been strong agreement among the covering analysts in raising earnings estimates, which has helped push consensus estimates considerably higher for the next quarter and full year. Thanks to promising estimate revisions, Centrus Energy currently carries a Zacks Rank #1 (Strong Buy). Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason to expect an upside in the stock.
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Broadcom (AVGO - Free Report) ) is a premier designer, developer and global supplier of a broad range of semiconductor devices. Broadcom is benefiting from strong demand for its networking products and custom AI accelerators (XPUs) as witnessed in first-quarter fiscal 2025. Strong demand for Broadcom’s application-specific integrated chips (ASICs), designed to support AI and machine learning, aids top-line growth. Broadcom expects second-quarter fiscal 2025 AI revenues to jump 44% year over year to $4.4 billion. The acquisition of VMware has benefited Infrastructure software solutions. As of fiscal first quarter, roughly 70% of Broadcom’s largest 10,000 customers have adopted VMware Cloud Foundation. Broadcom’s expanding AI portfolio, along with a rich partner base, reflects solid top-line growth potential. Broadcom generates significant cash flow that enables it to pay out consistent dividend. In terms of earnings estimate revisions for Broadcom Inc., the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $6.62.
Centrus Energy Corp. (LEU - Free Report) ) is a supplier of enriched uranium fuel for commercial nuclear power plants. Earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. There has been strong agreement among the covering analysts in raising earnings estimates, which has helped push consensus estimates considerably higher for the next quarter and full year. Thanks to promising estimate revisions, Centrus Energy currently carries a Zacks Rank #1 (Strong Buy). Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason to expect an upside in the stock.