Broadcom (BRCM) NewsBite - BRCM Rises On Bullish Broker Coverage

Posted: Thursday, March 18, 2010 2:40 PM EDT
By: Market Intelligence Center Staff





Broadcom (NASDAQ: BRCM) opened at $33.98. So far today, the stock has hit a low of $33.75 and a high of $34.27. BRCM is now trading at $33.93, up $0.32 (0.94%). Over the last 52 weeks the stock has ranged from a low of $19.09 to a high of $33.81. Analysts at Goldman Sachs upgraded BRCM today to Buy from Neutral. Technical indicators for the stock are bullish and S&P gives BRCM a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on BRCM the stock seems like it could be a candidate for a May out-of-the-money bull-put credit spread below the 30 range. [ABR-Seven Summits Strategic Investments NewsBite]



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More News For Broadcom (BRCM):

Broadcom (BRCM) Showing Resistance Near $37.90 With 1.05% Dividend Yield

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http://www.marketintelligencecenter.com/analyfav/1332380

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http://www.marketintelligencecenter.com/newsbites/1331853

Broadcom (BRCM) Trading Near $34.71 Support Level

Monday, January 30, 2012... Broadcom Corp (NASDAQ: BRCM) closed Friday's trading session at $35.06. In the past year, the stock has hit a 52-week low of $27.59 and 52-week high......

http://www.marketintelligencecenter.com/analyfav/1330993


Hedged Trade Ideas For BRCM:



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