Jan. 15 at 12:20 PM
$AVGO We have three clear catalysts today:
TSM beat on earnings, which should provide a broad tailwind to the AI and semiconductor sector.
Wells Fargo upgraded the stock to Overweight from Equal Weight and raised the price target to
$430 from
$410, reinforcing institutional confidence.
Cathie Wood purchased over 140,000
$AVGO, while reducing her
$TSLA position by selling more than 80,000 shares, signaling capital rotation into this name.
With this alignment of fundamental, institutional, and flow-driven catalysts, anything less than a 10–16% upside move would be surprising.
