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Here's the Hands-Down Best Stock-Split Stock to Buy in August Despite the Market Sell-Off
The Motley Fool· 2024-08-07 09:44
Hint: It's not Nvidia, Chipotle, or Walmart.We've had some major stock splits so far in 2024. Chipotle Mexican Grill conducted a 50-for-1 split. Nvidia had a 10-for-1 stock split. Walmart split its shares 3-for-1. And there have been more with others on the way.Some investors might be leery of buying any stock right now whether it's conducted a split or not. The major indexes have fallen sharply on worries about a potential recession and the Bank of Japan's interest rate hike.However, I think the pullback p ...
1 Stock-Split Artificial Intelligence (AI) Stock to Buy Before It Skyrockets 67%, According to One Wall Street Analyst
The Motley Fool· 2024-08-07 08:28
This chipmaker has a lot of incredible opportunities for growth.The growing demand for artificial intelligence (AI) has produced some massive stock gains for some companies and their investors. Several stocks have climbed so much in such a short period of time that management decided to split their shares.While a stock split doesn't change the value of a company, it can make the stock more attractive to retail investors. Additionally, it can provide more precision for stock-based compensation packages, a co ...
Time to Buy the Dip on Broadcom Stock
Schaeffers Investment Research· 2024-08-06 18:10
The VanEck Semiconductor ETF (SMH) secured its third-straight loss yesterday, as recession fears in the U.S. weighed on the entire chip sector. Broadcom Inc (NASDAQ:AVGO) mirrored this negative price action, though the retreat put the shares near a historically bullish trendline. Specifically, Broadcom stock is trading within one standard deviation of its 126-day moving average. Per data from Schaeffer's Senior Quantitative Analyst Rocky White, four similar signals were observed in the last three years. AVG ...
Bullish on Broadcom: Why This AI Chip Stock Could Soar More Than Its Rivals
Investor Place· 2024-08-06 16:20
Broadcom (NASDAQ:AVGO) stock saw a 51% rise in value year-to-date and over a 500% increase in five years. The company’s second-quarter revenue reached $12.5 billion, up 43% year-over-year, with AI products hitting a record $3.1 billion. Following its VMware acquisition, Broadcom raised its fiscal 2024 forecast to $51 billion. Broadcom supplies crucial components for data centers, including networking chips and accelerators. AI revenue, though currently small at $3.1 billion, is projected to rise significant ...
Why Not Buy the Dip on Broadcom, Procter & Gamble, and PepsiCo With This Vanguard ETF?
The Motley Fool· 2024-08-06 11:12
Exchange-traded funds can be good choices when you can't decide among several good companies.At any given time, several stocks stand out as good buys. But deciding which companies to invest in and how much to allocate toward each stock can be difficult.Exchange-traded funds (ETFs) relieve the pressure of deciding by diversifying assets across dozens, hundreds, or even thousands of stocks. The Vanguard Value ETF (VTV -2.27%) has just a 0.04% expense ratio, or 4 cents for every $100 invested, making it a grea ...
The 7 Best Dividend Growth Stocks to Buy in August 2024
Investor Place· 2024-08-06 10:00
Want to generate steady cash flow from your stock portfolio while having the potential to outperform the stock market? Some dividend growth stocks fulfill both of those requirements.A rising dividend is a great indicator that a company is growing. Companies can only distribute dividends if they are profitable, and dividends only go up if net income rises at a faster rate than the dividend growth rate. Net income can only continue to grow in the long run if a corporation continues to generate higher revenue. ...
Broadcom Inc. to Announce Third Quarter Fiscal Year 2024 Financial Results on Thursday, September 5, 2024
Prnewswire· 2024-08-05 12:00
PALO ALTO, Calif., Aug. 5, 2024 /PRNewswire/ -- Broadcom Inc. (NASDAQ: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced it will report its third quarter fiscal year 2024 financial results and business outlook on Thursday, September 5, 2024 after the close of the market. Broadcom's management will host a conference call at 2:00 p.m. Pacific Time on the same day to discuss these results and business outlook.Date: Thursda ...
3 Growth Stocks to Sell Before You Regret It
Investor Place· 2024-08-04 10:22
Market volatility has picked up significantly, with tech stocks (again) leading the entire market lower on Thursday, a day after recovering markedly from Wednesday’s losses. Indeed, it can be a rather stomach-churning experience to be invested in stock markets these days. With stocks kicking off August with a steep plunge, many beginner investors may be scrambling to offload some free-falling tech names before the damage has a chance to worsen. Though I’m no advocate for selling based on fear and negative m ...
Better Stock-Split Buy: Broadcom vs. Chipotle
The Motley Fool· 2024-08-03 21:01
Which stock is a better bargain today?Stock splits have been a popular market theme in recent times, with giants across industries launching these operations. Why do investors love stock splits? Because they lower the per-share price of a stock, making it easier for a broader range of investors to get in on that particular player.In a split, a company issues additional shares to current holders, a move that lowers the price without changing anything fundamental. The company's market value and the value of y ...
Broadcom Stock Outlook: Why AI Boom and VMWare Deal Spell Big Gains Ahead
Investor Place· 2024-08-03 10:48
Broadcom’s (NASDAQ:AVGO) stock is an optimistic buy in line with high AI and networking capabilities. In fiscal Q2 2024, Broadcom had net revenue of $12.5 billion, a 43% year-over-year (YOY) increase. Excluding VMware, Broadcom’s revenue grew by 12%, primarily due to a 280% surge in AI revenue.Next year, Broadcom’s AI and networking revenue may grow 40% year-on-year, with seven of the largest eight AI clusters using Broadcom Ethernet solutions. The company anticipates all mega-scale GPU deployments will be ...