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Nvidia, Super Micro, or Broadcom? Meet the Artificial Intelligence (AI) Stock-Split Stock I Think Is the Best Buy and Hold Over the Next 10 Years.
The Motley Fool· 2024-09-08 18:30
Nvidia, Super Micro Computer, and Broadcom have all been at the center of stock splits this year.It's no secret that semiconductor stocks have been particularly big winners amid the artificial intelligence (AI) revolution. With share prices skyrocketing, several high-profile chip companies have opted for stock splits this year. Some AI chip stock-split stocks you might recognize include Nvidia (NVDA -4.08%), Super Micro Computer (SMCI -6.79%), and Broadcom (AVGO -10.36%).Indeed, each of these stocks has don ...
Broadcom's Q3: Robust Progress On Its VMware Integration
Seeking Alpha· 2024-09-08 14:21
G0d4ather Investment Thesis Broadcom (NASDAQ:AVGO), a major chip supplier for technology companies, reported its Q3 FY24 earnings report which showed the San Jose, CA-based chip supplier beat top line and bottom line estimates. The company demonstrated accelerating growth in its AI-focused revenue, which continued its pace of growth through Q3. However, Broadcom’s non-AI revenue continued to be a drag on its earnings performance as sales continued to slack. Still, Broadcom’s CEO, Hock Tan, announced on ...
If I Could Buy Only 1 Chip Stock Other Than Nvidia in September, This Would Be My Top Choice
The Motley Fool· 2024-09-08 12:45
Broadcom is a pick-and-shovel way to invest in AI.Nvidia's volatility continues to have rippling effects throughout the technology sector and the broader market. In August, Nvidia stock was as low as $90.69 a share and as high as $131.26 a share -- representing a sizable range for such a short period of time.Nvidia reported earnings on Aug. 28, delivering parabolic growth and higher-than-expected guidance. And yet, the stock sold off. Nvidia stands out as a solid buy in the chip space for investors that can ...
2 Tech Stocks to Buy Hand Over Fist in September
The Motley Fool· 2024-09-08 11:20
These two tech leaders are tapping into artificial intelligence to fuel more growth.Artificial intelligence (AI) has quickly become the most important narrative in the tech industry as companies recognize the massive opportunity it creates, from enterprise productivity to cybersecurity.Already, a handful of companies have emerged as AI tech leaders, including semiconductor company Broadcom (AVGO -10.36%) and cybersecurity leader CrowdStrike (CRWD -3.91%). Here's why these tech stocks could be worth buying r ...
Should You Buy Broadcom Stock on the Dip?
The Motley Fool· 2024-09-07 23:00
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. 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. ...
3 Stock-Split AI Stocks to Buy Before They Surge as Much as 240%, According to Select Wall Street Analysts
The Motley Fool· 2024-09-07 22:02
The evidence shows that stock-split stocks have a history of outperforming the broader market, and the advent of artificial intelligence (AI) is fueling even greater gains.The past few years have seen a return to the popularity of stock splits. The practice was a regular occurrence during the 1990s and had fallen by the wayside, but has experienced a renaissance in recent years. A stock split is typically the result of years of strong business and financial results, which fuel a soaring stock price. Over th ...
Broadcom's Stock Drops 10% as Its Non-AI Business Struggles: An Earnings Report Deep Dive
The Motley Fool· 2024-09-07 01:00
In fiscal Q3, the chipmaker continued to experience strong demand for its products for artificial intelligence (AI) data centers.Shares of Broadcom (AVGO -10.36%) dropped 10.4% on Friday, following the semiconductor and infrastructure software maker's release on the prior afternoon of its report for the third quarter of fiscal 2024 (ended Aug. 4).The decline was likely largely driven by guidance for fourth-quarter revenue being a bit lower than Wall Street had expected. In the current environment for artifi ...
S&P 500 Gains and Losses Today: Broadcom Drops as Chipmaker Posts Quarterly Loss
Investopedia· 2024-09-06 21:55
Key TakeawaysThe S&P 500 lost 1.7% on Friday, Sept. 6, as weakness in the August jobs report added to uncertainty about the economy's stability.Broadcom shares plunged after the chipmaker reported a quarterly loss and issued lower-than-expected sales guidance.Tesla shares fell amid reports on possible regulatory challenges for its full self-driving technology and questions about its market share in China. Major U.S. equities indexes plunged following the release of the latest employment report, which showed ...
Broadcom's Stock Has Been Slipping. These Analysts Say It's Time To Buy
Investopedia· 2024-09-06 20:40
Key TakeawaysBroadcom shares tumbled Friday after the company’s outlook disappointed investors, but Bank of America and Jefferies analysts said Broadcom's fall could present an opportunity to buy.Bank of America called Broadcom a “top compute pick,” citing the chipmaker's potential for growth driven by surging artificial intelligence demand.Bank of America, Jefferies, and every other analyst covering Broadcom tracked by Visible Alpha on Friday held a "buy" or equivalent rating for the stock. Broadcom (AVGO) ...
Why Broadcom Stock Slumped Today
The Motley Fool· 2024-09-06 19:19
Investors were unimpressed with the chip giant's latest report.Shares of Broadcom (AVGO -9.70%) were heading lower on Friday after the semiconductor and software giant posted good-but-not-good-enough results in its fiscal third-quarter earnings report and guidance was weaker than expected.As of 3:10 p.m. ET, the stock was down 9.7% on the news. Broadcom can't keep up with expectationsBroadcom's quarterly results were solid, edging past estimates, but the stock has already soared this year on high hopes for ...