The S&P 500 closed at a record high seven times in June as a string of earnings reports from the likes of Broadcom (AVGO) and Oracle (ORCL) showed demand for artificial intelligence (AI) and the wares that make it work remained as healthy as ever.
Broadcom delivered monster growth over the last couple of quarters. This was initiated by a major acquisition.
Broadcom recently announced a 10-for-1 stock split. The company continues to deliver strong operational and financial results.
Dividend investing can be risky, with even dividend kings and aristocrats recently crashing and burning. Investing with major macro tailwinds at your back can help mitigate some of these risks. I share how I would invest $100,000 to profit form 3 big macro trends in the coming years while also generating an attractive income yield.
Broadcom Inc. (AVGO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Investors, analysts, and the media love discussing, debating, and analyzing stock valuations. A lot of ink spilled recently when chipmaker Nvidia's (NASDAQ: NVDA ) market capitalization surpassed $3 trillion, briefly holding the title of the world's most valuable publicly traded company.
Broadcom's stock is widely beating the performance of its sector in 2024, and market participants should keep a close watch.
Google's dividend announcement provided a modest boost to my passive income and underscores its commitment to returning capital to shareholders. The company crushed the analyst consensus for both revenue and diluted EPS during the first quarter. Google is a free cash flow machine with an immense net cash position.
Investors have been gravitating to outperforming companies enacting stock splits for years. Most of Wall Street is focused on ultra-popular stock-split stocks like Nvidia, Broadcom, and Chipotle.
Broadcom Inc. has benefitted from a steady AI-driven rally, underpinned by consistently tangible fundamental outperformance. In addition to accelerating VMware revenue contributions and ensuing synergies, the company also benefits from a strong competitive advantage in custom AI accelerators and networking solutions critical in accelerated computing. The combination of tangible fundamental outperformance and robust market momentum will likely complement Broadcom's upcoming 10-for-1 stock split, underpinning further appreciation prospects.
Nvidia and Broadcom both announced 10-for-1 stock splits recently. This is after the companies' revenues and share prices have soared thanks to demand for their AI products.
Nvidia and Broadcom both announced 10-for-1 stock splits in recent times after their share prices soared. A stock split lowers the per-share price, making it easier for a wider range of investors to buy.