Jose Luis Pelaez Inc AVGO's High Growth Investment Thesis Remains Cheap We previously covered Broadcom (NASDAQ:AVGO) in February 2024, discussing why we had reiterated our Buy rating, thanks to the accelerating profitable growth reported in FQ1'24 and the raised AI-related sales guidance in FY2024. Combined with the excellent shareholder returns and the robust generative AI trends through the infrastructure layer to SaaS layer, we believed that every moderate pullback was an opportunity to dollar cost a ...

Broadcom's revenue growth rate doesn't reflect what's really happening at the tech giant.When dissecting the state of a public company, you can't often rely on the headline figures alone. Frequently, there's more to the story than just revenue growth or profit margins -- there's a story behind each metric.Case in point, consider Broadcom's (AVGO 1.90%) latest report. The company certainly wasn't trying to be misleading, but the headline number that it trumpets -- that its revenue rose 47% year over year to ...

On Sept. 5, Broadcom Inc. AVGO reported stronger-than-expected earnings and sales results for its third quarter.The company’s quarterly revenue of $13.072 billion, beating analyst estimates of $12.96 billion, according to Benzinga Pro. The semiconductor company reported second-quarter earnings of $1.24 per share, beating analyst estimates of $1.20 per share.With the recent buzz around Broadcom, some investors may be eyeing potential gains from the company's dividends. As of now, Broadcom has a dividend yiel ...

Goldman Sachs analyst Toshiya Hari reiterated a Buy rating on Broadcom Inc AVGO with a price target of $190.Hari listed his critical takeaways from Broadcom President Dr. Charlie Kawwas’ presentation at the Communacopia & Technology Conference 2024.Dr. Kawwas expects increased spending by the large Tier-1 hyperscalers will drive growth in Broadcom’s AI semiconductor business in fiscal 2025.Broadcom has positively revised its fiscal 2024 AI semiconductor revenue outlook from $7.5 billion at the beginning of ...

Wall Street's brightest and richest money managers continue to pare down their stakes in artificial intelligence (AI) giant Nvidia, while piling into two other high-octane stock-split stocks.Although artificial intelligence (AI) has been all the rage on Wall Street since 2023 began, excitement surrounding stock splits has given AI a run for its money this year.A stock split gives publicly traded companies the ability to superficially alter their share price and outstanding share count by the same magnitude. ...

G0d4atherMy Thesis Update I first initiated coverage of Broadcom Inc. (NASDAQ:AVGO) on March 22, 2024, stating that "the company's strong financials, sales structure updates, and AI prospects pointed to further outperformance in the future." Since then, AVGO's total return has outperformed the S&P 500 (SPY) (SP500) by approximately 3 times. But since I updated my bullish thesis in June, AVGO stock went into a consolidation phase amid rising volatility, so AVGO is actually lagging behind the market since ...

海外行业报告 | 行业动态研究 | --- | --- | --- | --- | |--------------------------------------------------------|-------|-----------------------------|----------------------------------------------| | 海外 | | | 证券研究报告 \n2024 年 09 月 12 日 | | 博通 FY24Q3 点评： AI 需求强劲， VMware 增速亮 | | 作者 | | | 眼， Q4 收入指引略低于预期 | | 孔蓉 SAC 执业证书编号： | 分析师 S1110521020002 | 事件：博通发布 FY24Q3 财报。FY24Q3 收入为 130.7 亿美元，略超一致预期 0.4%。 经调整净利润 75.1 亿美元，超一致预期 25.8%。分业务来看，基础设施软件业务收 入 58.0 亿美元，超彭博一致预期 5.4%。半导体业务收入 72.7 亿美元，低于一致预 期 1.8%。 基础设施软件业务：VMware 业务模式的转型进展顺利。 ...

Surprisingly strong results and hopes for a rate cut are powering these AI specialists.Most market watchers would agree that one of the dominant forces driving the market rally over the past year is advancements in the field of artificial intelligence (AI). On the other hand, investors have kept a sharp eye on the trajectory of the economy as inflation continues to wane. Recent economic indicators suggest conditions are ripe for the Federal Reserve Bank to begin interest rate cuts, which could happen as soo ...

Have you evaluated the performance of Broadcom Inc.'s (AVGO) international operations during the quarter that concluded in July 2024? Considering the extensive worldwide presence of this chipmaker, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth.In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health and growth tr ...

Can this high-flying semiconductor stock start rising once again following its post-earnings setback?Broadcom (AVGO 6.79%) investors got a reality check last week following the release of the company's fiscal 2024 third-quarter results (for the three months ended Aug. 4). As a result, shares of the semiconductor giant tumbled more than 10% in a single session, even though its revenue and earnings exceeded expectations. The chipmaker fell victim to Wall Street's ambitious expectations as its guidance for the ...