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Bartosiak: Trading Broadcom's (AVGO) Earnings with Options

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On Thursday, June 1st, Broadcom (AVGO - Free Report) will release its third quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of A.

In our video David will take a look at the current state of Broadcom, their past earnings announcements, and he’ll give us his thoughts on their upcoming earnings call. Furthermore, David will also give us insight on how to play the options market.

BROADCOM in Focus

Broadcom Limited is a designer, developer and supplier of analog and digital semiconductor connectivity solutions. The company provides data center networking, home connectivity, broadband access, telecommunications equipment, smartphones and base stations, data center servers and storage, factory automation, power generation and alternative energy systems and displays. It serves wired infrastructure, wireless communications, enterprise storage and industrial & other market. Broadcom Limited, formerly known as Avago Technologies Limited, is headquartered in Singapore.

Broadcom is expected to report earnings at $3.02 per share according to the Zacks Consensus Estimate. Last quarter they reported earnings at $3.19, beating expectations by $0.17. Their average EPS surprise is 5.95%.

Broadcom Limited Price, Consensus and EPS Surprise

Broadcom Limited Price, Consensus and EPS Surprise | Broadcom Limited Quote

Bottom Line

How should investors play Broadcom ahead of their earnings report? For insights on the best options trades, then tune in 10:00am CST tomorrow to see David’s thoughts.

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