What Broadcom's Improved Outlook Means for Mutual Fund Investors (BRCM)
Shauna O'Brien Dec 10, 2014
Inside the Guidance
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
|VTSMX||Vanguard Total Stock Market Index||1.52%|
|SHRAX||ClearBridge Aggressive Growth||1.18%|
|VFINX||Vanguard 500 Index||0.96%|
The Bottom Line
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