Stock splits are sweeping the AI sector. Here's how to take advantage.Back in the dot-com boom era, stock splits became commonplace in response to soaring share prices. Amid the current artificial intelligence (AI) boom, a similar pattern could be developing. Already, several AI companies have split their shares, and more splits could be on the way among the others that are trading at lofty prices.Investors should understand that stock splits don't fundamentally change the value of a stock or the underlying ...

Broadcom (AVGO) shares have surged 44.8% year to date, outperforming the Zacks Computer & Technology sector’s gain of 19.4% and the Zacks Electronics- Semiconductors industry’s 22.7%.AVGO is benefiting from strong demand for its networking products. Broadcom’s solutions are suitable for addressing the needs of an increasing AI workload and the growing need for fast networking in data centers. The acquisition of VMware has benefited Infrastructure software solutions. Broadcom’s expanding clientele, which inc ...

Investors responded favorably to lower rates.Artificial intelligence (AI) stocks were soaring today in response to the Federal Reserve's decision yesterday to cut the benchmark interest rates by 50 basis points.The federal funds rate is now 4.75%-5%, and the central bank signaled that it would cut rates twice more, by 25 basis points each time, before the end of the year.While stocks were volatile after the announcement yesterday, investors gave the news a full-throated cheer this morning, with major stock ...

The strongly bullish sentiment surrounding Broadcom (NASDAQ: AVGO) that was prevalent in late August was seemingly completely squashed at the start of September due to the publishing of a relatively disappointing earnings report and the broad stock market selloff.Despite the temporary downturn, AVGO shares have regained the upward momentum since, and Wall Street analysts have only confirmed their optimism about the technology giant with their most recent rating revisions.Broadcom stock, at press time on Sep ...

For Immediate ReleasesChicago, IL – September 18, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Broadcom (AVGO) , Warner Bros. Discovery (WBD) , Super Micro Computer (SMCI) , Vistra (VST) and AES Corp (AES) .Here are highlights from Wednesday’s Analyst Blog: 5 Stocks That Led the SPY ETF to Its Best Week of 202 ...

Core Viewpoint - The current market sentiment is unfavorable towards AI-themed growth stocks, including Broadcom, which is recognized as a strong dividend-growth stock [1]. Group 1: Company Overview - Broadcom is categorized as a hardware company and is noted for its excellence in dividend growth [1]. Group 2: Market Sentiment - The market does not exhibit much enthusiasm for AI-themed growth stocks at this time, impacting companies like Broadcom [1].

AI isn't the only thing giving this semiconductor chipmaker a sales boost.Artificial intelligence (AI) supercharged the business of semiconductor chipmakers over the past year, and in turn, their stocks. Broadcom (AVGO -2.19%) is among these AI beneficiaries as shares skyrocketed from a 52-week low of $79.51 a year ago to $185.16 in 2024.Adding to this was the company's announcement of a 10-for-1 forward stock split, which sent shares soaring to a record high. After the split took place in July, Broadcom st ...

The semiconductor and data center sectors are fast-paced and volatile, with companies like NVIDIA NVDA and Advanced Micro Devices AMD leading the way. However, a giant is quietly revolutionizing the sector and becoming a force to be reckoned with in the artificial intelligence (AI) revolution. While many may overlook this diversified technology company, Broadcom Inc. AVGO is growing its AI capabilities and making strategic investments that generate positive investor sentiment. A Multifaceted Technological P ...

An analyst cut his forecast for iPhone 16 orders.Shares of Broadcom (AVGO -2.20%), Taiwan Semiconductor Manufacturing (TSM -2.60%), and Arm Holdings (ARM -5.46%) were down 3.3%, 2.5%, and 4.3% on Monday as of 11:30 a.m. ET. Shares of all three were down even more earlier in the morning.All three of these companies are key suppliers to the Apple iPhone. This morning, a notable Asia-based Apple analyst wrote that initial orders for the iPhone 16 were weaker than expected. So, all three of these stocks fell in ...

Tracking congressional trading habits is becoming more critical every day. Not only do members of Congress tend to outperform the broad market, but there are an increasing number of products tailored to this strategy. Among them are ETFs like the Unusual Whales Subversive Republican Trading ETF BATS: KRUZ and the like-minded Unusual Whales Subversive Democratic Trading ETF BATS: NANC, whose ticker symbols evoke imagery of Ted Cruz and Nancy Pelosi, two well-known congressional traders. The focus today is th ...