Technically speaking, BRCM could be at a rather important juncture.
With 10 of the 22 covering analysts rating BRCM a "hold," there is ample room at the top for additional upgrades.
Given these facts, WeissLaw is investigating the BRCM
Board's decision to sell out early and whether BRCM
shareholders are receiving their fair and proportionate share of the Company's continued success and future growth prospects.
has been targeted by some heavy put activity so far today.
stockholders -- or anyone with knowledge about this situation -- should contact lawyer Hamilton Lindley at hlindley@dunnamlaw.
Here is a synopsis of why BRCM and SORC have a Zacks Rank of #5 (Strong Sell) and should most likely be sold or avoided for the next one to three months.
Last week, BRCM said it generated a first-quarter profit of 23 cents per share, five cents above the consensus estimate.
SOURCE Broadcom Corporation; BRCM
Broadband & Cable
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