Broadcom slips after issuing fiscal fourth-quarter revenue guidance. Why pros say it's a good time to buy


Market Movers has compiled the latest Broadcom reactions from analysts and investors. They discussed the semiconductor firm a day after they announced quarter results that exceeded estimates, but also fiscal fourth-quarter guidance that was about in line with expectations. UBS maintains its buy rating on Broadcom stock and a $925 price goal, saying that the chipmaker will be a major beneficiary of the fight against artificial intelligence. The chipmaker’s stock ended the day with a loss of about 5.5%. Jim Cramer currently holds the stock in his Charitable Trust Portfolio.