BGU - AVGO 8/29/14

Published : August 29 2014 at 13:04 ET

AVGO had a buyable gap up. It has violated its 50dma regularly and is in the semiconductor group which tends to be more volatile, thus you may wish to give this more room than the typical 1-2% than you would normally allow a stock to undercut the low of its gap up day. 

Earnings and sales are accelerating strongly, pretax margin 30%, ROE 27.6%, group rank 22. 

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