Broadcom

AVGO-Q

NASDAQ:AVGO

324.00
4.35 (1.36%)
Broadcom Inc. is a designer, developer and global supplier of products based on analog and digital semiconductor technologies within four primary markets: wired infrastructure, wireless communications, enterprise storage, and industrial & others.
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Analysis and Opinions about AVGO-Q

Signal
Opinion
Expert
COMMENT
COMMENT
October 16, 2019
He likes the semis space in general, but not currently. AVGO has a done a great job over the years in absorbing companies, but they've run out of semi companies to buy and it makes less sense for them to pick up software companies now. Mixed feelings.
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Broadcom (AVGO-Q)
October 16, 2019
He likes the semis space in general, but not currently. AVGO has a done a great job over the years in absorbing companies, but they've run out of semi companies to buy and it makes less sense for them to pick up software companies now. Mixed feelings.
BUY WEAKNESS
BUY WEAKNESS
October 1, 2019
He's been looking at this. They just did an 8% convertible preferred offering that's created stock volatility. $320-325 is his price target. But you could get it cheaper. However, look at Micron, which has been slammed 15% lately. Micron reduced guidance a little, but managers can handle cyclicality, and they have a good mix of products. $58 is his target.
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Broadcom (AVGO-Q)
October 1, 2019
He's been looking at this. They just did an 8% convertible preferred offering that's created stock volatility. $320-325 is his price target. But you could get it cheaper. However, look at Micron, which has been slammed 15% lately. Micron reduced guidance a little, but managers can handle cyclicality, and they have a good mix of products. $58 is his target.
PAST TOP PICK
PAST TOP PICK
July 30, 2019
(A Top Pick Jul 24/18, Up 42%) They are acquiring the chip industry in the US. He bought it last year in the fall following a software company acquisition. It remains a core holding for the conservative chip investor.
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Broadcom (AVGO-Q)
July 30, 2019
(A Top Pick Jul 24/18, Up 42%) They are acquiring the chip industry in the US. He bought it last year in the fall following a software company acquisition. It remains a core holding for the conservative chip investor.
PAST TOP PICK
PAST TOP PICK
July 8, 2019
(A Top Pick May 04/18, Up 25%) They've done a fine job acquiring companies and growing. There are rumours they will buy Symantec. Great free cash flow with growing dividends. However, headline risks lie with China through Huawei, which represents 4-5% of Broadcom's revenues. Watch the headlines.
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Broadcom (AVGO-Q)
July 8, 2019
(A Top Pick May 04/18, Up 25%) They've done a fine job acquiring companies and growing. There are rumours they will buy Symantec. Great free cash flow with growing dividends. However, headline risks lie with China through Huawei, which represents 4-5% of Broadcom's revenues. Watch the headlines.
DON'T BUY
DON'T BUY
June 7, 2019

He likes their dividend growth, but they grow by acquisition, therefore carry debt. When credit spreads blow out, it'll become tougher for them to do deals--and there are fewer deals for them to do now. Other semis that pay a dividend, though lower, are growing, and are in 5G are Xilinx and NVIDIA.

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Broadcom (AVGO-Q)
June 7, 2019

He likes their dividend growth, but they grow by acquisition, therefore carry debt. When credit spreads blow out, it'll become tougher for them to do deals--and there are fewer deals for them to do now. Other semis that pay a dividend, though lower, are growing, and are in 5G are Xilinx and NVIDIA.

PAST TOP PICK
PAST TOP PICK
April 8, 2019
(A Top Pick May 30/18, Up 26%) It is an acquisition driven company. He thinks it will continue to do well as it is relatively cheap with good earnings potential.
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Broadcom (AVGO-Q)
April 8, 2019
(A Top Pick May 30/18, Up 26%) It is an acquisition driven company. He thinks it will continue to do well as it is relatively cheap with good earnings potential.
PAST TOP PICK
PAST TOP PICK
March 7, 2019
(A Top Pick Feb 06/18, Up 14%) They had challenges last year. There was one acquisition that failed and one that the market did not like. They bought CA and the stock was punished once again. Still they recovered from the lows. It makes sense on a long term basis. It is a top of class name.
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Broadcom (AVGO-Q)
March 7, 2019
(A Top Pick Feb 06/18, Up 14%) They had challenges last year. There was one acquisition that failed and one that the market did not like. They bought CA and the stock was punished once again. Still they recovered from the lows. It makes sense on a long term basis. It is a top of class name.
PAST TOP PICK
PAST TOP PICK
December 13, 2018
(A Top Pick Jan 10/18, Up 1%) You need to be careful in the semiconductor space. He is still buy it and believes in it longer term.
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Broadcom (AVGO-Q)
December 13, 2018
(A Top Pick Jan 10/18, Up 1%) You need to be careful in the semiconductor space. He is still buy it and believes in it longer term.
PAST TOP PICK
PAST TOP PICK
November 26, 2018
(A Top Pick Oct 13/17, Down 2%) He still likes the name. It is a standout networking, equipment company. Huge rate of return on capital. It is undervalued. He thinks this is a gem.
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Broadcom (AVGO-Q)
November 26, 2018
(A Top Pick Oct 13/17, Down 2%) He still likes the name. It is a standout networking, equipment company. Huge rate of return on capital. It is undervalued. He thinks this is a gem.
DON'T BUY
DON'T BUY
November 8, 2018
Very cyclical. Alpha vehicle in that terms. He would be very careful at the moment with the entire semiconductor space. (Analysts’ price target is $287.44)
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Broadcom (AVGO-Q)
November 8, 2018
Very cyclical. Alpha vehicle in that terms. He would be very careful at the moment with the entire semiconductor space. (Analysts’ price target is $287.44)
BUY
BUY
November 2, 2018
He sees this as a cyclical stock. His model price is $357.75. He would be a buyer here. The recent pull back is a good buying opportunity.
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Broadcom (AVGO-Q)
November 2, 2018
He sees this as a cyclical stock. His model price is $357.75. He would be a buyer here. The recent pull back is a good buying opportunity.
COMMENT
COMMENT
October 23, 2018

Down 11% YTD. Don't panic though, despite their challenges. He still likes it. Look at your overall portfolio. If Broadcomm occupies say 4%, then you're okay, but not at 20%. Trades at a reasonable 11x P/E. Semis are cyclical, high-growth, but high-volatility. Now, we're in the down side of the cycle.

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Broadcom (AVGO-Q)
October 23, 2018

Down 11% YTD. Don't panic though, despite their challenges. He still likes it. Look at your overall portfolio. If Broadcomm occupies say 4%, then you're okay, but not at 20%. Trades at a reasonable 11x P/E. Semis are cyclical, high-growth, but high-volatility. Now, we're in the down side of the cycle.

BUY
BUY
October 18, 2018

Unlike the Facebooks and Googles of the world they have to make something to sell. And they have to make new and better on a continue basis. They are one of the most diverse players in the space. This industry is starting to mature and consolidate. The chip business is very volatile. (Analysts’ price target is $290)

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Broadcom (AVGO-Q)
October 18, 2018

Unlike the Facebooks and Googles of the world they have to make something to sell. And they have to make new and better on a continue basis. They are one of the most diverse players in the space. This industry is starting to mature and consolidate. The chip business is very volatile. (Analysts’ price target is $290)

PAST TOP PICK
PAST TOP PICK
October 2, 2018

(Past Top Pick May 4, 2018, Up 9%) For the past six months, it's been exciting to invest in this. Nice free cash flow growth, with dividends and increased share buybacks. In July, the shares dropped when they announced the acquisition of old-school tech company, CA Technologies. But they didn't explain why they bought this company until early-September. When the street heard this reason, shares rebounded. He still likes it.

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Broadcom (AVGO-Q)
October 2, 2018

(Past Top Pick May 4, 2018, Up 9%) For the past six months, it's been exciting to invest in this. Nice free cash flow growth, with dividends and increased share buybacks. In July, the shares dropped when they announced the acquisition of old-school tech company, CA Technologies. But they didn't explain why they bought this company until early-September. When the street heard this reason, shares rebounded. He still likes it.

PAST TOP PICK
PAST TOP PICK
August 23, 2018

(A Top Pick July 7/17, Down 11%) A few of the big acquisitions did not happen that he had expected. He still owns it and still buys it. You get 3.25% yield. It is cheap.

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Broadcom (AVGO-Q)
August 23, 2018

(A Top Pick July 7/17, Down 11%) A few of the big acquisitions did not happen that he had expected. He still owns it and still buys it. You get 3.25% yield. It is cheap.

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