Broadcom’s $300 Billion, Five-Day Bonanza to Get Earnings Check

Broadcom Inc. shares have been on a tear, adding more than $300 billion in market value in just the last five sessions. But with earnings arriving after the bell, investors will have a chance to assess whether the rally has gone too far.

“It’s hard to say for sure if we’ve gotten ahead of our skis, but there’s absolutely potential for profit taking,” said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder, which has about $11 billion in assets and owns Broadcom shares. “This isn’t to say there’s anything wrong with the company, but we’ve already seen ...