Broadcom (NASDAQ:AVGO) is well-known as a leader in 5G semiconductors, but it’s also a chip stock that lags behind many of the top names in this sector — most notably Nvidia (NASDAQ:NVDA).The company powers the sort of data throughput and connectivity we all rely on with its advanced chips and RF solutions. In 2023, the company’s 5G and AI revenues hit $5.9 billion and $4.2 billion, respectively, out of $28.2 billion total income. Notably, Broadcom stock has been on a tear of late, nearly doubling over the ...

Broadcom began trading on a split-adjusted basis on July 15.Following terrific performances last year, the S&P 500 and tech-heavy Nasdaq Composite have continued to climb by double digits so far in 2024.One of the biggest catalysts fueling positive market sentiment is artificial intelligence (AI). While AI can take many forms, some of the biggest beneficiaries of the technology have been semiconductor stocks.Broadcom (AVGO 1.64%) presents a really interesting opportunity at the intersection of AI and semico ...

Key TakeawaysBroadcom is catching up to Nvidia as a top pick among investors, Citi analysts reported after meeting with investors and discussing their sentiment toward stocks.Investors believe Broadcom is well-positioned with its custom AI chip customers while Nvidia is being affected by "investor fatigue," Citi wrote. Both stocks have been big winners this year, though big tech shares were hit by a range of investor concerns last week. Investors still love Nvidia (NVDA) — but Broadcom (AVGO) is catching up ...

Stock-split fever has gripped the market.This has been another year of high-profile stock-split announcements, including Walmart, Chipotle Mexican Grill, and Lam Research. And while stock splits do not change the underlying fundamentals of a company, they can boost interest in stocks. Moreover, there is some research to suggest that stock-split stocks outperform the market.Here are three stocks that have already split this year -- Nvidia (NVDA -2.61%) and Broadcom (AVGO -1.98%) -- plus one more that may spl ...

These ETFs have lower price-to-earnings ratios and higher yields than the S&P 500.The anticipated 10-for-1 split of Broadcom (AVGO -1.98%) has officially arrived. Investors can now buy a full share for around $171 instead of $1,710, although there are now 10 times more shares. Stock splits can affect price-weighted indexes like the Dow Jones Industrial Average but don't alter market-cap-weighted indexes like the S&P 500 or Nasdaq Composite or market-cap-weighted exchange-traded funds (ETFs).Broadcom remains ...

Rapid growth in artificial intelligence revenue puts investors in front of a once-in-a-lifetime opportunity.In June, Swiss investment bank UBS published a report that estimated artificial intelligence (AI) will add $1.2 trillion annually to the global economy by 2027. The analysts divided the AI value chain into three layers:The enabling layer includes companies that provide the chips and data center infrastructure needed to train models and build applications. Annual revenue will reach $516 billion by 2027 ...

G0d4ather Intro & Thesis I initiated coverage of Broadcom Inc. (NASDAQ:AVGO)(NEOE:AVGO:CA) stock about a year ago with a "Hold" rating, which I upgraded to "Buy" in April 2024, admitting my mistake. Since my upgrade, the stock has continued to rise, gaining nearly 21% to date and outperforming the S&P 500 Index (SP500) (SPY) by more than three times: Seeking Alpha, the author's coverage of AVGO stock In my last article on AVGO, I argued that the stock was actually looking quite cheap despite its seeming ...

Broadcom Inc. (AVGO) closed the most recent trading day at $157.35, moving -1.97% from the previous trading session. This move lagged the S&P 500's daily loss of 0.71%. Meanwhile, the Dow lost 0.93%, and the Nasdaq, a tech-heavy index, lost 0.81%.Coming into today, shares of the chipmaker had lost 7.46% in the past month. In that same time, the Computer and Technology sector lost 3.88%, while the S&P 500 gained 1.08%.Analysts and investors alike will be keeping a close eye on the performance of Broadcom Inc ...

If you’re looking for cybersecurity stocks to buy in July, a good place to look is the First Trust NASDAQ Cybersecurity ETF (NASDAQ:CIBR) with $6.76 billion in net assets.It is the largest ETF focusing on cybersecurity stocks, up 13% year-to-date and 28% over the past year. Launched in July 2015, it tracks the performance of the NASDAQ CTA Cybersecurity Index.“It includes companies primarily involved in the building, implementation and management of security protocols applied to private and public networks, ...

We’re now in the fifth-generation (5G) wireless internet era, a transformative technology that marks a new age of connectivity. Moreover, given the disruption it has caused and more to come, investing in 5G stocks becomes a no-brainer.However, 5G stocks are taking a back seat to AI and other disruptive technologies. Especially with AI pushing the stock market to new heights last year, many consider that the 5G boom is over. Nevertheless, estimates point to substantial 5G wireless market growth from $30.13 b ...