The analyst views the post-earnings dip in AVGO as a buying opportunity for long-term holders, maintaining a bullish thesis.
The Silicon-to-Substation thesis remains intact; the dip is seen as an expectations reset rather than a broken business, suggesting a buy-the-pullback setup.
$AVGO at $380 The Silicon-to-Substation thesis is intact. The post-earnings dip looks like an expectations reset, not a broken business. This is a buy-the-pullback setup for long-term holders.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | -3.7% | -2.9% |
| 1 week | -4.9% | -6.3% |
| 1 month | +1.1% | +0.5% |
| 3 months | — | — |
| 6 months | — | — |