Broadcom(AVGO)

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Wall Street Favorites: 7 Blue-Chip Stocks With Strong Buy Ratings for June 2024
Investor Place· 2024-06-18 15:09
It is a great time to look for blue-chip stocks to buy. Buying and holding reliable companies can result in steady returns without stress. You don’t have to actively monitor price fluctuations or swing trade to generate massive profits in the stock market. Time in the market instead of timing the market can work wonders, but you have to pick the right stocks.Some blue-chip stocks offer a good mix of stability and growth. It’s possible to outperform the stock market by comparing blue-chip stocks and strategi ...
5 Technology Stocks Powering S&P 500 ETF This Year
ZACKS· 2024-06-18 15:01
The S&P 500 has been on a bull run this year, touching a series of record highs buoyed by rate cut bets, strong corporate profit growth and the ongoing artificial intelligence (AI) craze. The benchmark registered its 30th record close of the year.SPDR S&P 500 ETF Trust (SPY) , the proxy version of the S&P 500 Index, has gained 14.5% so far this year. While many stocks powered the ETF, technology has been the clear leader. Here, we have highlighted five technology stocks that have led the way higher in the E ...
3 Strong Buy Stocks for a Sizzling Summer Rally
MarketBeat· 2024-06-18 11:15
After last week's data dump of inflation readings and the Federal Reserve's latest decision to hold interest rates steady, investors can take a deep breath before the next earnings season kicks off in just a few weeks. However, taking a break shouldn't mean taking your foot off the gas when it comes to buying stocks, at least not some stocks. While small-cap stocks will remain choppy until the Fed raises rates, some gems are hiding in plain sight. It's a narrow market, but it's narrow for a reason. Technolo ...
Best Stock Split Buy: Nvidia, Broadcom, or Chipotle?
The Motley Fool· 2024-06-18 09:51
You might be surprised which of these stocks offers the most attractive valuation.Stock-split fever is making the rounds. Some investors have been infected by it in a major way. That shouldn't be surprising considering the big names that have announced stock splits this year.Chipotle Mexican Grill (CMG 2.87%) announced an eyebrow-raising 50-for-1 stock split in March. It's scheduled for after the market close on June 25, 2024. Nvidia (NVDA -0.68%) beat Chipotle to the punch. Although the tech giant announce ...
Nvidia and Broadcom Have Each Announced Stock Splits: These Are the 3 Most-Logical Candidates to Become Wall Street's Next Stock-Split Stocks
The Motley Fool· 2024-06-18 09:06
Three high-flying stocks appear to be no-brainer candidates to follow in the footsteps of Nvidia and Broadcom and conduct stock splits.What's rarer than the planets aligning in the night sky? The answer is Wall Street's two hottest trends intersecting: artificial intelligence (AI) and stock splits.AI, which involves the use of software and systems for tasks that humans would normally undertake or oversee, has the potential to completely change the long-term growth arc for businesses worldwide. In a report r ...
Is Broadcom Stock the Next Pick for the Magnificent 7? This Analyst Thinks So.
Investor Place· 2024-06-17 19:24
It may not be the news that Tesla (NASDAQ:TSLA) CEO Elon Musk wants to hear, but Interactive Brokers Chief Strategist Steve Sosnick believes semiconductor and infrastructure specialist Broadcom (NASDAQ:AVGO) should replace TSLA on the list of so-called “Magnificent Seven” stocks. Earlier today, Sosnick placed great emphasis on the ability to leverage artificial intelligence (AI) as a compelling argument for Broadcom stock. “Broadcom captures the whole zeitgeist of the moment right now […] It’s an AI stock m ...
Broadcom Hits Fresh Record High After Stock Split Announcement
Investopedia· 2024-06-17 17:16
Key TakeawaysBroadcom stock is continuing to rise, setting a new all-time intraday high Monday.Shares have soared since last week's quarterly revenue beat and 10-for-1 stock split announcement.A number of large companies have announced splits in recent months, including Walmart, Chipotle Mexican Grill, and Nvidia. Shares of semiconductor maker Broadcom (AVGO) continued rising Monday, setting a fresh record high and extending a stretch that began with last week's earnings report, which included the announcem ...
Why Broadcom Stock Rallied on Monday
The Motley Fool· 2024-06-17 16:31
Sentiment on Wall Street is rising for the semiconductor and networking specialist ahead of its 10-for-1 stock split.Shares of Broadcom (AVGO 4.24%) surged higher today to kick off the week, jumping as much as 4.9%. As of 11:51 a.m. ET on Monday, the stock was still up 3.67%.The catalyst that sent the artificial intelligence (AI) specialist higher was growing bullishness on Wall Street ahead of its high-profile stock split.A lot to likeLast week, Broadcom released robust financial results and announced a st ...
Unlocking Broadcom Inc. (AVGO) International Revenues: Trends, Surprises, and Prospects
ZACKS· 2024-06-17 15:36
Have you evaluated the performance of Broadcom Inc.'s (AVGO) international operations for the quarter ending April 2024? Given the extensive global presence of this chipmaker, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth.In the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financial health and trajectory of growth. For investo ...
Broadcom Stock Analysis: There Is More Than a Stock Split That Is Causing Excitement
The Motley Fool· 2024-06-17 13:43
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Broadcom. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...