$Broadcom(AVGO)$ AVGO is really shaping up nicely right now. This stock has been a leader in the semiconductor space, and it’s now breaking out of a huge weekly base. To me, that’s a sign that it's ready for a serious move higher. I’m feeling pretty confident that AVGO is going to lead the charge in the semiconductor sector over the next few months. Everything points to this stock having the potential to push well past its current levels. I’ve got my sights set on $290 as a target, and I wouldn’t be surprised if we see even more from this name. The fundamentals are solid, the chart is strong, and the momentum is definitely in its favor. If you’re not already on this one, I’d say it’s time to pay attention!
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