Broadcom (NASDAQ: AVGO) stock price has entered a deep correction zone as the recent rally faded. It has collapsed by over 15% from its highest point this year and is hovering at its lowest level since February this year. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Internal and external factorsCopy link to sectionThere are three main reasons why the AVGO share price has entered a correction phase – defined as a 10% drop from a recent high.  First, ...

The latest trading session saw Broadcom Inc. (AVGO) ending at $1,332.75, denoting a +1.68% adjustment from its last day's close. This move outpaced the S&P 500's daily gain of 0.03%. Meanwhile, the Dow experienced a rise of 0.41%, and the technology-dominated Nasdaq saw an increase of 0.12%.The the stock of chipmaker has risen by 5.94% in the past month, leading the Computer and Technology sector's loss of 0.55% and the S&P 500's loss of 0.9%.Market participants will be closely following the financial resul ...

D3Damon/E+ via Getty Images Investment Thesis Markets finally appear to show some signs of moderating their YTD gains in line with future expectations of the underlying revenue growth and earnings growth in the S&P 500. Per FactSet’s latest consensus estimates, the S&P 500 is expected to grow earnings by ~10.8% this year, while earnings are expected to continue growing to ~13.4% in FY25. These consensus estimates reflect strong earnings growth, which will be supplemented by stronger than usual top-line ...

Dividend growth stocks with high dividend growth rates can reward investors with appreciation and higher payouts each year. Patient investors who can hold onto their investments for more than a decade can generate significant cash flow that can help with living expenses.The telltale signs of a dividend growth stock are rising financials and a favorable dividend payout ratio. These companies have good runways and can deliver long-term returns for their shareholders. Investors looking for solid dividend growt ...

These growth stocks can soar dramatically in the coming years.The U.S. stock market has proved quite resilient in 2024 despite seeing various fluctuations and pressures. Following an exceptionally strong 2023, the broad-based S&P 500 index has posted a 7.5% return so far in 2024.While investors have now started worrying about a pullback as a result of high interest rates and geopolitical risks, there is still money to be made in the market. Long-term investors can pick up small stakes in fundamentally stron ...

Uncover the key players shaping the future of technology with groundbreaking AI developments.The intersection of artificial intelligence (AI) and semiconductor technology is producing some of the most dynamic shifts in the tech industry today.On that note, three Motley Fool contributors who cover tech and AI stocks put their heads together to highlight their top stock picks among AI-focused semiconductor stocks today. They came up with memory technology frontrunner Micron Technology (MU -3.91%), industry le ...

Here's How Much an NVIDIA Stock Split Could Boost Its Share Price Shutterstock / rafapress NVIDIA (Nasdaq: NVDA) shares briefly entered correction territory (more than a 10% decline from recent highs) earlier this week. On Tuesday, NVIDIA hit an intraday low of about $830 per share. Yet, a series of upgrades on Wednesday and Thursday pushed NVIDIA shares back up, closing the week at $881.86. That’s a share price range still significantly above prices NVIDIA announced share splits in the past. With a stock ...

Dell, Broadcom, and Oracle are all solid blue-chip income stocks.Dividend investors often gravitate toward the stocks with the highest yields. However, a stock's yield might only look attractive because its underlying business is grappling with other problems. The company might also be struggling to generate adequate earnings or free cash flow (FCF) growth to support its dividend payments.So instead of simply focusing on the dividend stocks with the highest yields, investors should seek out companies that o ...

Reaching the trillion-dollar market cap is a testament to any company’s international influence, massive customer base and brand power. Indeed, being considered a peer of global behemoths like Microsoft, Apple, Google, Meta and Nvidia is nothing to scoff at. While this sounds great, the road to joining their ranks is steep. Potential trillion-dollar companies need to have a competitive advantage. They also need to offer superior products and adapt to the fast-changing needs of the market. As investors, we w ...

Broadcom is increasingly benefiting from the AI boom.Broadcom (AVGO -0.47%) provides chips and software solutions for servers, smartphones, among other enterprise and consumer markets, but growing investment in data centers for artificial intelligence (AI) infrastructure is emerging as an important long-term growth catalyst.The stock rocketed nearly 113% over the last year, but JPMorgan analysts see more gains based on Broadcom's opportunity to supply chips for Alphabet's Google and Meta Platforms over the ...