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Interactive Brokers chief strategist says Broadcom should replace Tesla in Magnificent 7 - CNBC

June 17, 2024 1:35 PM EDT

Steve Sosnick, Interactive Brokers chief strategist, told CNBC in an interview on Monday that hes in favor of swapping Tesla (NASDAQ: TSLA) out of the Magnificent Seven for Broadcom (NASDAQ: AVGO).

Sosnick explained that in January, he proposed... More

Oppenheimer maintains bullish rating on Broadcom (AVGO) following management meeting

June 14, 2024 9:46 AM EDT

Analysts at Oppenheimer met with Broadcom (NASDAQ: AVGO) CEO Hock Tan, President Charlie Kawwas, CFO Kirsten Spears, and Director of IR Ji Yoo on Thursday and maintained its bullish stance on the stock.

The investment firm said the tone of the meeting... More