Avago Technologies Limited’s (AVGO) MACD indicator has moved into bullish territory with a reading of 0.5753. The Zacks #1 Rank (“Strong Buy”) stock increased slightly to $22.46 in afternoon trade. The Zacks Consensus Estimate on the company’s earnings for the year ended October 2010 has increased by 11 cents over the past two months to $1.97 per share.
 
Zacks Investment Research