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CNBC Investing Club Reduces Stakes in Broadcom and Capital One Financial

CNBC ·

AVGO Broadcom Inc
$334.37 -0.07%
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ARM -3.07% GLW -0.36%
  1. 1CNBC Investing Club sold 40 shares of Broadcom at an approximate selling price of about $335 per share.
  2. 2CNBC Investing Club sold 75 shares of Capital One Financial at an approximate selling price of about $201 per share.
  3. 3The sale of Broadcom is a measure to defend against the risk of AI stocks falling due to rising capital costs.

So what's the key point?

CNBC Investing Club sold shares of Broadcom and Capital One Financial. Some positions were closed to prepare for the risk of AI-related stocks declining.

Source CNBC · View original ↗

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