This tech company is benefiting from the AI boom.Share prices of Broadcom (AVGO -3.77%) hit record highs after news came out that revenue surged in the chipmaker's fiscal second quarter and that the company will be executing a stock split. Broadcom's stock price has now more than doubled over the past year.Let's take a look a the company's most recent quarterly results and whether or not it is too late to buy the stock.AI and software lead the way for Broadcom in Q2For fiscal 2024's second quarter (ended Ma ...

Investors searching for stocks that will grow their portfolio and provide a strong return on capital should pay attention to analyst ratings, particularly the ones placed on strong buy growth stocks. Analysts are selective about the stocks they give their highest ratings to and are growing increasingly picky as the market rallies to all-time highs.Not every stock is worthy of praise or a top rating. But some are, and analysts see their share prices continuing to rise even if they’ve already enjoyed big gain ...

PALO ALTO, Calif., June 20, 2024 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ:AVGO) today announced its Symantec Cloud Secure Web Gateway (SWG) solution received Federal Risk and Authorization Management Program (FedRAMP®) authorization, further expanding Broadcom's portfolio of FedRAMP authorized solutions for the U.S. sector. Symantec Cloud SWG delivers comprehensive, cloud-hosted security for U.S. federal agencies adopting a Security Service Edge (SSE) architecture. The solution enables U.S. federal agencie ...

Shares in Nvidia and Broadcom have become expensive. But they remain the best ways to bet on the AI megatrend.Since the launch of OpenAI's ChatGPT in late 2022, generative artificial intelligence (AI) has taken the technology world by storm. Few companies have benefited more than hardware giants like Nvidia (NVDA 3.51%) and Broadcom (AVGO -1.44%), which supply the data center equipment needed to support this fast-growing industry. Business is booming, and both companies have turned to stock splits to keep t ...

Broadcom (AVGO) has announced a significant milestone for its Symantec cybersecurity solutions, with Symantec Endpoint Security, Symantec Network Protection, and Symantec Data Loss Prevention (DLP) Cloud completing the Information Security Registered Assessors Program (IRAP) assessment.This rigorous evaluation, administered by the Australian Cyber Security Centre (ACSC), ensures that these technologies meet the highest security standards required by the Australian government.In an era where ransomware and c ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Broadcom. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Broadcom is digesting a significant business acquisition that should boost revenue for the tech giant.Fool.com contributor and finance professor Parkev Tatevosian discusses what the latest developments could mean for Broadcom (AVGO -1.44%) stock investors. *Stock prices used were the afternoon prices of June 15, 2024. The video was published on June 17, 2024. ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool recommends Broadcom. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Stock split stocks are climbing in the double and even triple digits.Companies that have completed or announced stock splits in recent times have soared. Stock splits lower the price of individual share prices without changing the overall market value of a company. The trend hasn't remained in one sector but spanned from consumer goods to restaurant operators to technology.Walmart launched its stock split earlier this year, while chip designer Nvidia (NVDA 3.51%) completed one a few weeks ago. Chipotle Mexi ...

Eight high-profile companies have announced stock splits in 2024. Two of these businesses make for smart buys, while another highflier looks to be setting its shareholders up for disappointment.Volatility and uncertainty are something every investor has to contend with. Even though we're in a rip-roaring bull market right now, this decade began with all three major stock indexes trading off bear and bull markets in successive years (through 2023).For the longest time, when the going got tough on Wall Street ...