Georgijevic Investment Thesis Broadcom Inc. (NASDAQ:AVGO) recently surged 20%, driven largely by a strong Q2 FY2024 earnings report. Like other semiconductor stocks, AVGO has seen significant price jumps due to the GenAI tailwinds, which is driving tremendous demand for Ethernet solutions and custom AI accelerators. The company has shown a strong rebound in revenue growth in the past two quarters and continues to accelerate its momentum. The company has already reached a revenue growth inflection point, lea ...

Broadcom and Nvidia have emerged as the two secular growth leaders of the AI industry.It may not quite be Nvidia, but top chip designer and infrastructure software provider Broadcom (AVGO -4.38%) has been on an epic run of its own. Broadcom stock is up just over 60% so far in 2024 -- upstaged just a little by Nvidia's more than 170% increase. What a year when being up "only" 60% doesn't set any best-of records! In tandem with its last earnings update, Broadcom also announced a 10-for-1 stock split that will ...

The diversified tech giant is still a great long-term investment.Broadcom (AVGO -4.38%) recently announced a 10-for-1 stock split, which will take effect after the market closes on July 12. That upcoming split will reduce its trading price from about $1,700 (as of this writing) to $170. A split merely carves a single share into smaller slices, so Broadcom's underlying valuations will remain the same.It also won't make its stock more affordable, since most brokerages already allow investors to purchase fract ...

Dividend growth stocks combine the best of both worlds. Investors receive a steady cash flow that grows quickly and benefits from stock appreciation. It’s a refreshing change from growth stocks that don’t give out dividends or dividend stocks with high yields and lackluster returns. By the time you retire, these dividend growth stocks can have sizable yields.You don’t have to trade dividend growth stocks. These assets are more suitable for buy-and-hold investors. These corporations exhibit impressive revenu ...

Demand from artificial intelligence (AI) customers has helped Broadcom's revenue climb.Artificial intelligence (AI) has been driving the revenue and share price growth of many technology companies in recent times. Investors are piling into these players that are benefiting from the AI boom now and could have even more to gain down the road. After all, analysts predict that today's $200 billion AI market might surge past $1 trillion by the end of the decade.Broadcom (AVGO -4.38%) is one of the players benefi ...

Key TakeawaysThe S&P 500 fell 0.2% on Friday, June 21, 2024, as the AI-fueled tech rally cooled and data showed a decline in the Conference Board's Leading Economic Index in May.Shares of Nvidia and other chipmakers moved lower as the rally in AI-related stocks faltered.FactSet Research shares rose after the financial data provider beat quarterly expectations and raised its full-year forecast. Major U.S. equities indexes were mixed to close out the trading week. The sluggish performance for the stock market ...

Loading...Loading...Broadcom Inc. AVGO has been on an impressive upward trajectory, up 100% over the past year and increasing 56% year-to-date. The stock touched a new record high of $1,851.62 on Tuesday. Recent developments and technical indicators suggest that this bullish momentum might continue, though some caution is warranted.Key Developments Powering the SurgeBroadcom recently made headlines with its Symantec Cloud Secure Web Gateway solution receiving Federal Risk and Authorization Management Progra ...

Seiya TabuchiAnyone who's read my work for any period of time knows that I place a great deal of emphasis on current yield. There are several reasons for this. One is the saying, "A bird in the hand is worth two in the bush." In other words, an investment that can pay you cash today is more certain than one that you're hoping will be able to pay you twice as much down the line. This is because there are macroeconomic risks, execution risks, technological disruption risks, management risks, and competiti ...

This technology hardware company is soaring amid artificial intelligence-related demand.With shares up by over 500% over the last five years, Broadcom (AVGO -3.77%) has been a big winner in the artificial intelligence (AI) boom. Let's dig deeper into the pros and cons of the stock to determine if it can generate similar returns over the next half-decade. Why Broadcom?The current iteration of Broadcom came to be from the 2016 merger of Avago Technologies and Broadcom Corporation to unlock synergies and bette ...

Broadcom is following in Nvidia's footsteps and splitting its stock. What does that mean for investors?Nvidia captured the investing world's attention. The semiconductor maker grew at a lightning pace over the last two years as the leading provider of the chips that make artificial intelligence (AI) possible.Recently, the company executed a 10-for-1 stock split, meaning investors now have 10 times as many shares, with each one worth 10% of what they were just before the split. This move, while not directly ...