Lazard Capital Maintains Buy on Broadcom


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Lazard Capital is out with its report today on Broadcom (NASDAQ: BRCM), maintaining Buy.In its report, Lazard Capital writes, "Our PT of $48 is 17x FY2011E PF EPS, a multiple that reflects BRCM's historical average. We believe that the current multiple remains attractive considering the risk-reward in owning a high-quality name like BRCM."At the time of posting, shares of BRCM were trading at $34.32, up 0.12% from Monday's close.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: Analyst ColorAnalyst RatingsLazard Capital