Broadcom

AVGO-Q

NASDAQ:AVGO

403.73
0.84 (0.21%)
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
BUY
BUY
December 1, 2020

Work from home triggered computer purchases, needing more semiconductors. 5G will also require semis, as well as vehicles and fridges. Semi outlook is wonderful. Intel is the only one that's struggling. He owns Broadcom, as they manufacture a lot of different components. Extremely well managed.

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Broadcom (AVGO-Q)
December 1, 2020

Work from home triggered computer purchases, needing more semiconductors. 5G will also require semis, as well as vehicles and fridges. Semi outlook is wonderful. Intel is the only one that's struggling. He owns Broadcom, as they manufacture a lot of different components. Extremely well managed.

HOLD
HOLD
October 15, 2020

Great company, great stock. Has a big piece of consumer products through Apple. Continue to hold. Likes the story a lot.

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Broadcom (AVGO-Q)
October 15, 2020

Great company, great stock. Has a big piece of consumer products through Apple. Continue to hold. Likes the story a lot.

BUY
BUY
October 14, 2020

All semis can get a big boost from a Biden win, because he will will likely relax US-China trade tensions which pressured markets during Trump's term. This and Nvidia are trying to do takeovers that require the permission of the Chinese government. Broadcom's CEO is very acquisitive, but ever since the trade war, China has made these deals very hard, while Washington treats AVGO as it it's too close to the Chinese government. So, without the trade war, AVGO can return to big deals.

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Broadcom (AVGO-Q)
October 14, 2020

All semis can get a big boost from a Biden win, because he will will likely relax US-China trade tensions which pressured markets during Trump's term. This and Nvidia are trying to do takeovers that require the permission of the Chinese government. Broadcom's CEO is very acquisitive, but ever since the trade war, China has made these deals very hard, while Washington treats AVGO as it it's too close to the Chinese government. So, without the trade war, AVGO can return to big deals.

TOP PICK
TOP PICK
September 28, 2020
Own the designer of the chips rather than the cell phone. If you want to be in the tech space, this is the one. (Analysts’ price target is $398.55)
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Broadcom (AVGO-Q)
September 28, 2020
Own the designer of the chips rather than the cell phone. If you want to be in the tech space, this is the one. (Analysts’ price target is $398.55)
DON'T BUY
DON'T BUY
September 3, 2020

More inclined to play the semiconductor group as a whole, through the SMH, which gives you broader diversification. A more broad-based name would be Texas Instruments. In this environment, take some money off the table and move to the telecom names that have lagged a little bit, like Verizon, BCE or Rogers.

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Broadcom (AVGO-Q)
September 3, 2020

More inclined to play the semiconductor group as a whole, through the SMH, which gives you broader diversification. A more broad-based name would be Texas Instruments. In this environment, take some money off the table and move to the telecom names that have lagged a little bit, like Verizon, BCE or Rogers.

HOLD
HOLD
March 20, 2020
A diversified semi-conductor business with exposure to hand set mobile phones and data centres. One of the few holdings in this space that offers a good dividend yield. He likes them as a long term hold and they should benefit from the roll out of 5G networks.
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Broadcom (AVGO-Q)
March 20, 2020
A diversified semi-conductor business with exposure to hand set mobile phones and data centres. One of the few holdings in this space that offers a good dividend yield. He likes them as a long term hold and they should benefit from the roll out of 5G networks.
TOP PICK
TOP PICK
February 11, 2020

They sell chips to cell phone-makers (Apply is a big customer) and infrastructure and data centres (cloud services rent these centres). Recently, they're selling infrastructure software after buying Symantec. That's a shift in strategy. They've grown cash flow in 5 years exponentially. Rumour is they'll sell their chip business to phone, which would make them a pure play on those data centres, which is a good strategy. Trades a good valuation, pays a 4% dividend and tons of free cash flow. (Analysts’ price target is $349.24)

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Broadcom (AVGO-Q)
February 11, 2020

They sell chips to cell phone-makers (Apply is a big customer) and infrastructure and data centres (cloud services rent these centres). Recently, they're selling infrastructure software after buying Symantec. That's a shift in strategy. They've grown cash flow in 5 years exponentially. Rumour is they'll sell their chip business to phone, which would make them a pure play on those data centres, which is a good strategy. Trades a good valuation, pays a 4% dividend and tons of free cash flow. (Analysts’ price target is $349.24)

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.
Showing 1 to 15 of 42 entries

Broadcom(AVGO-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 5

Stockchase rating for Broadcom is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Broadcom(AVGO-Q) Frequently Asked Questions

What is Broadcom stock symbol?

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

Is Broadcom a buy or a sell?

In the last year, 5 stock analysts published opinions about AVGO-Q. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Broadcom.

Is Broadcom a good investment or a top pick?

Broadcom was recommended as a Top Pick by Bruce Murray on 2020-12-01. Read the latest stock experts ratings for Broadcom.

Why is Broadcom stock dropping?

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.

Is Broadcom worth watching?

5 stock analysts on Stockchase covered Broadcom In the last year. It is a trending stock that is worth watching.

What is Broadcom stock price?

On 2020-12-02, Broadcom (AVGO-Q) stock closed at a price of $403.73.