Equity Research Report Broadcom (AVGO US) Benefiting from AI Network Structure Revolution/ASIC Trend Huatai Research Initiation Rating (Initiate): BUY Target price (USD): 173.23 12 August 2024 │ US Computer Devices A communication semiconductor & software giant riding on AI wave Broadcom, a global semiconductor powerhouse, has integrated the technological legacies from HP's semiconductor division, AT&T/Bell Labs, LSI, and former Broadcom through acquisitions. Since 2018, it has further expanded its business ...

A 2,750% trailing-five-year gain has this hot artificial intelligence (AI) company readying to complete its firstever stock split. For the last three decades, Wall Street and investors have pretty much always had a next-big-thing technology, innovation, or trend to latch onto. What's uncommon is for there to be two trends vying for attention at the same time, which is what's going on right now. Since 2023 began, the rise of artificial intelligence (AI) has captivated Wall Street. The ability for software an ...

A couple of solid AI-related growth opportunities could help this chipmaker join the trillion-dollar market cap club in the future.Artificial intelligence (AI) has turned out to be a solid growth driver for many semiconductor companies, and Broadcom (AVGO 1.73%) is one of them, as the chipmaker is gaining from the growing adoption of this technology across multiple applications ranging from data centers to enterprise networking to smartphones.Though Broadcom stock has been in pullback mode of late, dropping ...

These artificial intelligence stocks could be the next stock splits in 2024.Artificial intelligence (AI) has been a powerful catalyst where the stock market is concerned. Since January 2023, shares of Nvidia, Broadcom, and Super Micro Computer have advanced 615%, 165%, and 520%, respectively. That price appreciation compelled all three companies to split their stocks.The next AI companies to announce splits in 2024 could be Microsoft (MSFT 0.83%) and ServiceNow (NOW 1.88%). Their stocks have advanced 70% an ...

History shows that stock-split stocks tend to continue outperforming their peers.One of the most intriguing developments for investors over the past few years is the return to popularity of stock splits. While the practice was commonplace in the late 1990s, it had fallen out of favor but has enjoyed a resurgence over the past several years. This corporate action is usually taken in response to years of strong operating and financial results, which ultimately drive a thriving stock price.History suggests tha ...

Has Broadcom's inflated valuation made it too expensive to buy the stock now?Investing in semiconductor stocks has generally been a great move in recent years. And Broadcom (AVGO 1.73%) has been no exception to that. In five years, it has accumulated incredible gains for investors. Not only has it appreciated in value over that time, but the stock has also grown its dividend at a fairly high rate, making it an attractive investment option for both growth and dividend investors.But can the stock continue bui ...

G0d4ather Investment Thesis Market pundits and technological watchers have used the current conditions of extreme volatility seen playing out globally in the last few days to ramp up their discourse about the AI bubble bursting. Some have even revised their outlook, calling for the AI bubble to burst in “days or weeks from now.” Such comments have caused immense speculation & concern among stocks that are experiencing high growth, especially those stocks that have run far higher than the markets in H1 F ...

Sezeryadigar Written by Nick Ackerman As an income investor, I tend to focus on dividend yields being paid out but also the growth of those dividends over time. Every month, we do a screening of dividend payers who have consistently raised their dividends over time, and then sort them by those that pay the highest yield. Dividends help pay bills for retired folks or help those in the accumulation phase stay more involved in staying the course during investing. Psychologically, it can be easier to hold o ...

A potential market downturn could create lucrative buying opportunities for some of technology's best stocks.The market has become more volatile over concerns of a potential recession.Recessions, or periods when the economy contracts, aren't fun. Unemployment rises, and prices on stocks or housing fall, sometimes sharply. It can be frightening. Buying stocks during a recession will probably go against every primal emotion you have.However, history has repeatedly shown that recessions are great long-term buy ...

Broadcom (NASDAQ:AVGO) is a top semiconductor maker that really doesn’t get enough love in this current market. Up more than 30% year-to-date, AVGO stock has begun to sell off alongside its higher-valuation peers. Companies like Nvidia (NASDAQ:NVDA) are leading the way lower, with concerns around a potential recession building as the macro environment deteriorates. Of course, the question of how specific sectors will perform in a recessionary environment is unclear. And one thing is abundantly clear to many ...