September is proving to be challenging, but here's why we see probabilities of a better finish to the month. Plus, our top three sector picks.
The primary issue is whether this is just normal corrective action along with negative seasonality or rather a big shift in market character as economic worries take hold.
Are there further stock declines ahead?
I find it almost alarming that amid the AI craze of the past quarter, this firm's acceleration has clearly slowed.
In a weak market environment it is hard to say when profit-taking has run its course.
The cloud security company was showing mixed technical signals ahead of posting an earnings beat but warning of slower revenue growth near term.
But one thing keeps me from fully jumping into the stock.
A great stock needs a catalyst to trigger positive price action.
The stock bounced off of its 50-day SMA from the upside five times just in August.
AVGO has the one thing that all companies need to take the next step. It's a free cash flow generation machine and that creates flexibility.