Broadcom Inc. (AVGO)
Tech Leader's Stock Split: Is It the Right Time to Buy?
Broadcom Inc. NASDAQ: AVGO, a global technology powerhouse specializing in semiconductor and infrastructure software solutions, recently announced a 10-for-1 forward stock split, effective July 12, 2024. This move has sparked renewed interest in Broadcom's stock, leading many investors and Broadcom's analyst community to question whether the split signals a compelling buying opportunity or a cautionary tale.
Why Broadcom Stock Is Falling Today
Broadcom CEO Hock Tan recently sold shares of his company stock. When placed in context, Tan's stock selling moves don't look particularly worrying.
Analysts revise Broadcom stock price target
After initiating a 10-for-1 stock split on July 12, Broadcom (NASDAQ: AVGO) is trading at a new price of $171.42 at the latest close, after adding 0.80% in the latest trading session, in contrast to losses of 2.52% experienced in previous five trading days.
3 5G Stocks That Could Grow Your Wealth
Fifth-generation (5G) wireless internet technology continues to be rolled out across the U.S. and around the world. The fastest and most powerful internet technology remains a huge market and opportunity for investors.
Broadcom: One Of The Best Investments Money Can Buy Today
Broadcom Inc. is one of the main beneficiaries of AI spending, rewarding shareholders with a 52% year-to-date gain. Broadcom's booming AI-related chip sales and successful acquisition of VMware position the company well to lower Apple's dependency. This BBB-rated company is one of the best bets to play the AI investment theme with 25% of the sales generative by AI chips, with a long growth runway ahead.
Better AI Chip Stock: Broadcom vs. Marvell Technology
Broadcom and Marvell will both benefit from the growth of the artificial intelligence (AI) market. Both chipmakers are diversified and expanding inorganically.
Broadcom, Marvell, and 3 Other Chip Stocks to Play AI, Says J.P. Morgan
J.P. Morgan analyst Harlan Sur favors Broadcom, Marvell Technology, Micron Technology, Analog Devices, and Microchip Technology.
Looking for Stocks with Positive Earnings Momentum? Check Out These 2 Computer and Technology Names
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Broadcom Stock Starts Trading Today After 1-for-10 Split
Broadcom (NASDAQ: AVGO ) began trading at a lower price after its stock split after markets closed on Friday. Investors who held 10 shares on July 12 now hold 100.
7 Semiconductor Stocks That Could Make You a Millionaire
Semiconductor companies have been powerful performers. There are lots of chip specialists besides Nvidia to learn about.
Nvidia and Broadcom Have Completed Their 10-for-1 Stock Splits, but Their Outlooks Differ Dramatically Over the Next 5 Years
The rise of artificial intelligence (AI) and stock-split euphoria have been the two hottest trends on Wall Street in 2024. AI leaders Nvidia and Broadcom recently announced and completed respective 10-for-1 forward-stock splits.
Wall Street's Newest Stock-Split Stock Should Be Avoided Like the Plague -- and I'm Not Talking About Broadcom
Excitement surrounding stock splits has taken Wall Street by storm in 2024. July has been a busy month, with an international conglomerate, high-end retailer, and artificial intelligence (AI) networking solutions provider all executing forward splits.
