AVGO Broadcom Stock Slides Over 10% Sluggish Non-AI Sale Forecast Buying The Dip🔥

Published: Sep 06, 2024 Duration: 00:07:48 Category: People & Blogs

Trending searches: avgo
what up this is dollar cost average investing coming back with you another video if you don't mind please subscribe to the Channel people um give me a thumbs up you like this video also share the video help get the numbers up and everything and hit the Bell um notification Bell um to let um know when I drop another video um so right now people we're going to get into the stock market and everything and uh we're going to uh kind of talk about what's going on when it comes to the stock market so uh let me get you um on the page that we want to look at and uh so I'm going to go through a couple things up here um so right now we're looking at um cbnc now said the August payroll grew by less than expect at 142,000 but unemployment rate take down to 4.2% um they was looking for 160,000 um on the unemployment numbers but and it was less than expected and so the market pretty much sold off people and um let's get into where the market sold off at um right here you so the Dows down 500 points SP down 108 points NASDAQ down 586 points so it was straight red today people and to me that stuff was on sale and I was buying um so one of the stocks that I was really buying up was broadcom bro pretty much slid after the non a was dragged down by the forecast now they was saying something that gave a disappointed forecast now broadcom is a chip supplier for apple and other big tech companies and they pretty much PL 10% to day to me um Brock was a Buy to me today I'm tomorrow I'm Not Gon I'm not the type S here wait to see how far it's going to fold I'm buying it on the way down I'm buying and you know I'm just keep buying and I'm looking to hold broadcom for three four four five years so it don't really matter to me I'm not trying to buy it at the bottom I'm just buying it where I can get it at and stuff so I bought a good amount of shares at broadcom right here and let's go look at something when it comes to broadcom so right now you the date people uh let me see me me get over here uh let me get you over here where I'm at um so right here um we are on um Google Finance broadcom is up 26% and everything year to date so with that said um you can see we hit 185 at the high and you can see we are pretty much here at 137 I was going to get it around the 145 150 area and it fell here but I'mma buy it right here let me go l i just keep buying some more I'm taking advantage advantage of September people um so October November de December it seems to be a better month for stocks than September September is the worst I know a lot of people been hearing that um so um I'mma go to something else me go sh you my tab we over here on mooo um me see uh look at something that got we got over here uh let me see me see overview let me see see something then when it comes to the mag sevens people um that we're looking at over here um Tesla was up to what 230 something um the other day and then it's down to 210 um anything to me I I might start buying Tesla at probably what 180 if it falls down to 180 meta I want to catch met a little bit lower than 500 um Google I want to catch it a little bit lower than 150 Amazon I want to get that close to maybe 160 which that's going to be a little tough but you know 160 Microsoft if I can catch a little bit under 400 and I got buy alerts already set for these stocks apple I want at least $200 at least 200 below and Nvidia um I won't touch Nvidia I got a lot of Nvidia shares but I won't touch Nvidia unless I can get invid around 90 dollars a share a low so if it go that low people if I'm talking about so I'm not um there's no guarantee that it's going to go that low but right here we're looking at some of the price targets a minimum of broadcom is 170 average 198 the max is 240 so you know like I said Mark this video people um in some months or next year you know you got broadcom at 137 a lot of you gonna be hitting yourself wish I would have bked in but you know some of you might be scared to dip your toes in because you look look at the market you hearing what all these analyst say you're woring about the Fed rate cuts the FED is going to do what the FED is going to do people dealing with the feds for years buying stocks I just buy and hold people pretty much I'm not woring if it drop if I buy and they drop another 10% whatever I own the stock and I don't take a loss unless I sell but I'm here to hold one or two three years so it's I'm fine with that so you know the the baddest part that you got new you know some the new investors who they're buying at the high and as soon they drop they they go they they parachuting out of there and stuff sometimes you got to hold my biggest mistake from buying stocks people is not holding long enough and this holding for a month two three months nah I made most of my money by holding for two years one two years plus five years that's when you see the real um rewards and stuff and everything when it comes to um stocks and stuff like that so um with that said um you know people take advantage of the dips and stuff that we're getting and everything because I'm talking about you're you're getting a good deal and so uh me share another tab with you right here um so looking at some of this broadcom you know this broadcom stock slunk today broadcom said was sell what1 billion in AI parts and custom chips and stuff um so you know just see all this bad news on broadcom and guess what when it's more B when it's bad news on a company like broadcom and they can push it further down I'm a buyer and you got some of the billionaires who are buying but you won't find out until they releasing on they um they they filings and reports that they bought on this D and stuff and so soon that report come out you can have retail investor trying to buy broadcom when it's probably might be back up what 160 170 and stuff buying it back up at the top and everything so let's much going to be happen but you know BRC at what 1:30 something in about a week in that it could probably run right back up to 150 something next week real quick people because I know people is going to be loading up on broadcom and they're gonna tell you afterwards after they know bought it at this bottom right this round at the bottom and I don't know if it's the bottom but that's when the news come out oh yeah you know I'm buying broadcom but they done bought it when it was at the bottom and then by the time they talk about it's at 160 165 170 and stuff like that so um just want to talk about that a little bit so look this is dollar C average investing and I catch you on the next one

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