Bought AVGO shares today; earnings were good and guidance intact at high velocity despite bearish headlines.
Earnings good, guidance intact at high velocity; analyst directly questions narrative of weaker earnings
$avgo Weaker than expected earnings ( whose expectations?? They never seem to cite) Earning was good, guidance intact at high velocity. Bought shares today.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | -7.9% | -5.3% |
| 1 week | -8.0% | -5.4% |
| 1 month | -10.7% | -10.0% |
| 3 months | — | — |
| 6 months | — | — |