This Tech Stock Is Built for Long-Term Growth
Broadcom blew past Wall Street's expectations with adjusted earnings of $6.96 per share on revenue of $6.78 billion in the third quarter of fiscal 2021. Analysts were looking for adjusted earnings of $6.85 per share and roughly $6.76 billion in revenue, but impressive growth in Broadcom's semiconductor solutions business led to better-than-expected results. Let's look closely at Broadcom's performance last quarter and check why it remains an enticing buy right now.