Broadcom announced a 10-for-1 stock split in conjunction with its earnings, where it showed off two hyper-growth product segments.On its recent earnings call, tech giant Broadcom (AVGO 3.34%) disclosed it would be splitting its stock 10-for-1 on July 12. Given that Broadcom's stock surged over 12% to $1,700 per share the day after its report, one could perhaps say a stock split was overdue. Of note, Broadcom's stock split won't change the value of the company itself, which currently sits around $780 billion ...

高盛：博通公司(AVGO) 实力强劲,软件收入表现好于预期,预计将推动EPS上修，2Q财报回顾 ...

The semiconductor giant seems set for stronger growth thanks to the booming demand for its AI chips.Shares of Broadcom (AVGO 3.34%) have surged impressively in the past year with gains of 96%, and the good part is that this semiconductor giant looks all set to sustain its solid momentum following the mid-June release of its fiscal 2024 second-quarter results (for the three months ended May 5).Not only did the chip giant's revenue and earnings coast past consensus estimates, but management also announced a 1 ...

Prospective buyers should look beyond the sudden rise in Broadcom stock following the announcement.Many investors may have missed the rise of Broadcom (AVGO 3.34%). As a business-to-business chip and software designer, it may have escaped the notice of many consumer-oriented investors.Nonetheless, amid a nominal stock price of approximately $1,700 per share, Broadcom has finally offered its first stock split (not counting the splits before the old Broadcom was bought by the current company once known as Ava ...

AI tailwinds could push these two semiconductor stocks into the elite $1 trillion club.Take a look at a list of the largest companies in the world based on market cap, and you might notice a common thread for most of them: The biggest members of the group have bet heavily on artificial intelligence (AI). And those bets seem to be paying off.Currently, six AI stocks are worth over $1 trillion. They could have company in the not-too-distant future. Here are the top six -- and the two AI stocks most likely to ...

Both stocks have climbed in the triple digits over the past few years.Investors cheered when Nvidia (NVDA 1.75%) announced a 10-for-1 stock split during its earnings report in late May. And in the two weeks that followed -- the time leading up to the operation -- the shares climbed nearly 30%. Investors like stock splits because they bring the prices of high-flying stocks down, opening them up to a broader range of buyers, and they show the particular company is confident about its future -- the idea is the ...

Broadcom just posted strong quarterly financial results, accompanied by plans for a 10-for-1 stock split.Some companies create so much value over the long term that their stock prices soar into the hundreds, or even thousands of dollars, making them somewhat inaccessible to smaller investors.For example, Nvidia stock recently traded above $1,200 following a whopping 205% gain over the past year, as sales surged for its artificial intelligence (AI) data center chips. As a result, the company just executed a ...

The best stocks to invest in are skyrocketing right now, driven higher by catalysts and bullish sentiment. Certain stocks continue pushing upwards to new 52-week, record highs. While some investors might be worried about buying hot stocks at their peak only to ride them lower, that doesn’t appear to be the case with certain securities.Strong long-term catalysts have kept the wind in the sails in the best stocks to invest in and they look likely to outperform as we enter the year’s second half. Investors who ...

The ongoing artificial intelligence rally in the stock market has significantly benefited companies like Broadcom (NASDAQ: AVGO), driving substantial growth and investor interest. The company’s impressive performance, promising guidance, and stock growth have made it a standout player in the tech sector. Broadcom’s recent second fiscal quarter earnings report, released on Wednesday (June 12), exceeded analysts’ expectations, showcasing the company’s strong foothold in the market.Broadcom’s financial perform ...

G0d4ather Thesis In my previous article about Broadcom, Inc. (NASDAQ:AVGO) I upgraded the stock from "buy" to "strong buy", explaining that the fair price indicated by my model now stood at $2,006.62, which showed a 53.3% upside from the stock price at that time of $1,308.72. Then, for 2029, the stock price could climb up to $3,676.77, translating into 30.8% annual returns. Broadcom reported Q2 2024 earnings on Wednesday, June 12. Broadcom reported a non-GAAP EPS of $10.96 for the quarter, which beat es ...