What Broadcom's Improved Outlook Means for Mutual Fund Investors (BRCM)

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What Broadcom's Improved Outlook Means for Mutual Fund Investors (BRCM)

Broadcom logo in black and red
Broadcom (BRCM) announced at its Analyst Day on Tuesday that it has updated its fourth quarter outlook.

Inside the Guidance

Revenue Outlook

Revenue is now expected to be between $2.075 billion and $2.150 billion.

Product Gross Margin
The company reiterated its range for both GAAP and Non-GAAP margins.

Expenses – R&D and SG&A
The company now expects expenses to be closer to down $50 million on a GAAP basis and down $40 million on a non-GAAP basis.

Mutual Funds to Watch

For investors seeking exposure to BRCM, there are many mutual funds that can be considered. The funds below have the largest stakes in the company.

The Bottom Line

The funds above allow investors to gain exposure to BRCM while still remaining diversified. Investors interested in BRCM may also be interested in QUALCOMM (QCOM) and Texas Instruments (TXN).

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Why 30 trillion is invested in mutual funds book

Why 30 trillion is invested in mutual funds book

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Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

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Find out why $30 trillon is invested in mutual funds.


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Broadcom logo in black and red

What Broadcom's Improved Outlook Means for Mutual Fund Investors (BRCM)

Broadcom (BRCM) announced at its Analyst Day on Tuesday that it has updated its fourth quarter outlook.

Inside the Guidance

Revenue Outlook

Revenue is now expected to be between $2.075 billion and $2.150 billion.

Product Gross Margin
The company reiterated its range for both GAAP and Non-GAAP margins.

Expenses – R&D and SG&A
The company now expects expenses to be closer to down $50 million on a GAAP basis and down $40 million on a non-GAAP basis.

Mutual Funds to Watch

For investors seeking exposure to BRCM, there are many mutual funds that can be considered. The funds below have the largest stakes in the company.

The Bottom Line

The funds above allow investors to gain exposure to BRCM while still remaining diversified. Investors interested in BRCM may also be interested in QUALCOMM (QCOM) and Texas Instruments (TXN).

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Popular Articles

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.


Read Next