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Soft economic data pushes Wall Street higherNvidia weakens, markets wobbleBoC cuts rates as S&P, Nasdaq hit highsThis summary was created by AI, based on 35 opinions in the last 12 months.
The experts' reviews show that Broadcom is a well-diversified company with excellent fundamentals and exposure to AI, data centers, and cloud computing. The company is transitioning into more software, which boasts higher margins, and is expected to see double-digit revenue growth. Despite the stock's meteoric growth, some experts believe it is still a good time to buy, while others caution that it may be pricier compared to other options in the market. The pending VMware deal and the company's strong leadership are seen as potential catalysts for future growth.
Is up 47% this year and he's sold a third of his holdings after making big gains. Still trades at a reasonable PE. It's central to AI infrastructure.
She prefers QCOM as a long-term hold, as it's 9/10 on fundamentals, and the pullback in QCOM presents a great entry point.
He expects this to top $1 trillion. AVGO is a little overlooked. It connects Nvidia's chips to the world's networks. Data centres and AI can't work without AVGO. It's starting to integrate VMware, which they bought, and its other businesses will benefit from the new cycle of cell phone-buying. It will split 10-for-1 on Monday, but is wary of the churn that typically happens after a split.
He has owned it for quite a while and would still buy it. They have a 3 1/2% position which they probably bought at 2%. If it goes up he sells some and then buys it back. It is very well managed and takes out competitors. AI is the number 1 player in Broadcom's communication. It is expensive.
Opportunity in A.I. with supply of semi-conductor devices and chips is very profitable. Demand is soaring which is good for profits and cash flow. Dividend growth is strong, and is a good option for yield seeking investors. Good entry price at current share value.
Very strong results yesterday, especially from AI chips. 10-for-1 stock split improves sentiment in short term. Great, high-quality name. Don't chase, wait for a pullback. Viable alternative to NVDA, but all have done so well, you need to wait.
Note that growth can still be positive, but once the rate itself slows, all these stocks will come down.
They just reported great numbers. It's a large holding of his. They make equipment for data centres
It reports Wednesday and she expects their AI business to be strong and VMware will make a bigger contribution. Software will total 40% of total revenues, positive for gross margins.
Massive company. 12-month price target of $1573. 3/4 revenue from semiconductors, 1/4 from infrastructure software. So very diversified. Yield is 1.7%.
(Analysts’ price target is $1516.67)Great, diversified name. #2 player, in dollar terms, in AI semiconductors after NVDA. Partners directly with companies to design company-specific chips. Doesn't see any thesis breakdown on the horizon.
Good to own given AI adoption, rising demand for data centres and cloud computing. AVGO fundamentals are excellent.
It has pulled back over the past few weeks. It has exposure to AI GPU chips along with a good portfolio of other types of chips. This gives it diversification and exposure to other chip cycles. It also grows its dividend.
Broadcom is a American stock, trading under the symbol AVGO-Q on the NASDAQ (AVGO). It is usually referred to as NASDAQ:AVGO or AVGO-Q
In the last year, 35 stock analysts published opinions about AVGO-Q. 25 analysts recommended to BUY the stock. 7 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Broadcom.
Broadcom was recommended as a Top Pick by on . Read the latest stock experts ratings for Broadcom.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
35 stock analysts on Stockchase covered Broadcom In the last year. It is a trending stock that is worth watching.
On 2024-07-26, Broadcom (AVGO-Q) stock closed at a price of $151.61.
12-month price target of $193.60. He's been adding as it comes down. Closest competitor to NVDA. Deep pockets, ability to scale. 75% of revenue is in semis, 25% in infrastructure software. Beneficiary of US government $$ giveaway.