Broadcom Inc. (AVGO)
Broadcom Selloff Explained! Should You Buy the Dip in AVGO Stock?
Broadcom Inc. AVGO stock suffered its worst rout since the pandemic on Friday after the company's tepid revenue forecast discouraged investors who have been betting on robust demand for artificial intelligence (AI) chips to drive the company's growth. But is it the right time to sell the stock, or should you rather remain bullish and consider this as a buying prospect?
1 Stock-Split Artificial Intelligence (AI) Stock to Buy Before It Skyrockets 42%, According to Wall Street Analysts
Broadcom stock is down 15% over the past couple of days.
Broadcom Inc. (AVGO) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching Broadcom Inc. (AVGO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
2 Semiconductor Stocks Helping Big Tech Ditch Nvidia's AI Stronghold
Alphabet, Microsoft, Meta Platforms, and more are designing AI chips to reduce reliance on Nvidia solutions.
1 Wall Street Analyst Thinks AI Stock Broadcom Is Going to $210. Is It a Buy?
Broadcom shares are already quite pricey, even after a recent pullback. That sell-off was the market's negative reaction to fiscal third-quarter results.
Broadcom Serves Up a Trend-Following Entry for Investors
Investors who missed out on Broadcom's NASDAQ: AVGO first post-stock-split dip have another opportunity. Down 10% following its Q3 results and guidance, it is a knee-jerk move driven by market sentiment and not operational quality, which is superb and sets up the market for a trend-following entry.
2 Buy-the-Dip AI Stocks That Are a Better Deal Than Nvidia
It's pretty unnerving to buy the dip as we enter a historically bad month for the stock market.
Which Stock-Split Stock Does Wall Street Like the Most: Nvidia, Broadcom, or Supermicro?
There are two ways to gauge analysts' views about these stocks. The rankings for Nvidia, Broadcom, and Supermicro are different based on which method is used.
Move Over, Nvidia and Broadcom: Wall Street's 2 Newest Stock-Split Stocks Are Taking Center Stage This Week
Stock-split euphoria has been a driving force behind Wall Street's march to new highs in 2024. Nvidia and Broadcom were the two most-anticipated stock splits this year.
Broadcom: A Golden Buying Opportunity (Rating Upgrade)
Broadcom's stock skidded 10% on Friday despite strong Q3 earnings and a beat on the top/bottom line. The company's robust AI-driven growth, high gross margins, and free cash flow profitability reduce investment risks. Broadcom's valuation has become more attractive, now trading at a forward P/E ratio of 22X, down from near-30X earlier this year.
Broadcom: Strong AI Growth Overshadowed By Disappointing Q4 Revenue Outlook
Broadcom's stock dropped 10% following a strong 3Q FY2024 earnings result, driven by disappointing 4Q revenue guidance. AI-related revenue showed robust growth, with a 174% YoY increase in 3Q and an optimistic outlook for 4Q and FY2025. The company experienced a deceleration in revenue growth to 4% YoY, excluding VMware's contribution in 3Q, which also results in negative GAAP EPS due to acquisition-related costs.
Nvidia, Super Micro, or Broadcom? Meet the Artificial Intelligence (AI) Stock-Split Stock I Think Is the Best Buy and Hold Over the Next 10 Years.
Nvidia is the biggest player in the chip world right now, but rising competition looms. Super Micro Computer is a close ally of Nvidia, but its business may not be as lucrative as investors think.
