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Why Broadcom Stock Is Falling Today
The Motley Fool· 2024-07-16 16:11
Broadcom's CEO just made a move that may look scary to some investors.Broadcom (AVGO -1.97%) stock is losing ground in Tuesday's trading. The tech company's share price was down 1.6% as of ET, according to data from S&P Global Market Intelligence.Broadcom is falling today following a recent filing with Securities and Exchange Commission (SEC). Per the filing published yesterday, CEO Hock Tan sold shares of the company's stock on July 11. Some investors appear to be taking Tan's recent sell move as a sign th ...
Analysts revise Broadcom stock price target
Finbold· 2024-07-16 11:39
After initiating a 10-for-1 stock split on July 12, Broadcom (NASDAQ: AVGO) is trading at a new price of $171.42 at the latest close, after adding 0.80% in the latest trading session, in contrast to losses of 2.52% experienced in previous five trading days.AVGO stock 5-day price chart. Source: FinboldThe stock split doesn’t affect the company’s fundamentals and is purely an aesthetic move that aims to attract new investors and make the stock more affordable.Analysts on Wall Street are particularly bullish o ...
3 5G Stocks That Could Grow Your Wealth
Investor Place· 2024-07-16 10:38
Fifth-generation (5G) wireless internet technology continues to be rolled out across the U.S. and around the world. The fastest and most powerful internet technology remains a huge market and opportunity for investors. The 5G wireless market is projected to grow from $30.13 billion in 2023 to $224.47 billion by 2032.For investors, this presents a sizable opportunity to invest in the stocks of leading 5G companies that are widely expected to benefit as the technology becomes more widely adopted and eventuall ...
Better AI Chip Stock: Broadcom vs. Marvell Technology
The Motley Fool· 2024-07-15 22:00
Which of these AI-driven chipmakers will generate bigger gains this year?Broadcom (AVGO 0.80%) and Marvell Technology (MRVL 0.01%) usually don't attract as much attention as higher-growth chipmakers like Nvidia (NASDAQ: NVDA).But like Nvidia, both diversified chip specialists are benefiting from the rapid expansion of the artificial intelligence (AI) market. Let's examine the AI-driven tailwinds for both companies and see which stock is a better chipmaking play right now. The differences between Broadcom an ...
Broadcom Stock Starts Trading Today After 1-for-10 Split
Investor Place· 2024-07-15 13:27
Broadcom (NASDAQ:AVGO) began trading at a lower price after its stock split after markets closed on Friday. Investors who held 10 shares on July 12 now hold 100.A split, by itself, has no financial impact. However, it shows management’s confidence in a company’s future and encourages buying by small investors.Today will also be the first day of trading since Broadcom announced its second-quarter results. A net income of $2.1 billion, $4.42 per share, on revenue of nearly $12.5 billion, is a tradeable event. ...
Nvidia and Broadcom Have Completed Their 10-for-1 Stock Splits, but Their Outlooks Differ Dramatically Over the Next 5 Years
The Motley Fool· 2024-07-15 09:06
Wall Street's newest artificial intelligence (AI) stock-split stocks could deliver markedly different returns for investors over the next half-decade.It's a rare time to be an investor on Wall Street. While it's perfectly normal for a next-big-thing innovation, technology, or trend to be captivating investors' attention, having two trends vying for interest at the same time doesn't happen often.Although artificial intelligence (AI) is the core catalyst that's sent the iconic Dow Jones Industrial Average, br ...
Wall Street's Newest Stock-Split Stock Should Be Avoided Like the Plague -- and I'm Not Talking About Broadcom
The Motley Fool· 2024-07-15 08:41
Wall Street's next 10-for-1 stock split is being executed by a company whose business is, arguably, built on a house of cards.Although all eyes are seemingly on the rise of artificial intelligence (AI), the hottest trend on Wall Street just might be companies conducting stock splits.A stock split is an event that permits publicly traded companies to alter their share price and outstanding share count. Keep in mind that these adjustments are purely cosmetic and have no impact on a company's market cap or its ...
Is Broadcom a Better Stock-Split Buy Than Nvidia? Wall Street Thinks So.
The Motley Fool· 2024-07-14 09:50
Nvidia used to be Wall Street's darling. Now, many analysts like Broadcom more.It's a leader in technology that powers artificial intelligence (AI) models. Its revenue is soaring. Its shares have skyrocketed. It announced a 10-for-1 stock split this year.Which stock am I talking about? There are two correct answers: Nvidia (NVDA 1.44%) and Broadcom (AVGO -0.31%). However, Nvidia has been the bigger star of the two.But could that change? Is Broadcom a better stock-split buy than Nvidia? Wall Street thinks so ...
Where Will Broadcom Stock Be in 10 Years?
The Motley Fool· 2024-07-13 20:30
Should you bet on this exciting artificial intelligence stock?With shares up by over 2,000% over the last 10 years, Broadcom (AVGO -0.31%) demonstrates the power of long-term investing. Over that time frame, the stock has faced several macroeconomic crises -- from the COVID-19 pandemic to the rapid rate hikes of 2022 -- only to emerge even more valuable than before.Let's discuss what the next decade could have in store for this leading semiconductor conglomerate as it pivots to new opportunities in generati ...
Our Top 10 Dividend Growth Stocks: July 2024
Seeking Alpha· 2024-07-13 13:00
Olivier Le Moal In this series of articles, we focus on selecting and highlighting stocks that have rapidly grown their dividends in the recent past. We also need to ensure that these stocks will likely grow their earnings at a fast pace in the upcoming years. Due to their hypergrowth, their price generally grows quickly, and they usually do not pay very high current yields. With high-growth stocks, we need to be content with a lower current yield. However, please keep in mind that nothing is permanent, ...