Broadcom(AVGO)
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Cybersecurity Champions: 3 Stocks to Hack-Proof Your Portfolio
investorplace.com· 2024-05-16 18:26
It’s no secret that companies are ramping up security spending to combat rising threats. The cybersecurity market is projected to reach $183 billion globally this year, presenting major growth opportunities in cybersecurity stocks. With attacks growing more frequent and costly, businesses simply cannot afford to skimp on protection. Savvy investors can position themselves to benefit by adding exposure to leading cybersecurity stocks. Their innovative portfolios span key growth areas like cloud security, cri ...
Why Broadcom Inc. (AVGO) Could Beat Earnings Estimates Again
Zacks Investment Research· 2024-05-15 17:10
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Broadcom Inc. (AVGO) . This company, which is in the Zacks Electronics - Semiconductors industry, shows potential for another earnings beat.This chipmaker has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarter ...
Wall Street Favorites: 3 Dividend Stocks With Strong Buy Ratings for May 2024
InvestorPlace· 2024-05-14 18:56
Investing in dividend stocks gives individuals the best of both worlds. You can get stock appreciation and receive steady cash flow. Some corporations offer lower yields but can generate higher total returns than firms with high yields but limited growth opportunities.Wall Street analysts usually gravitate toward companies that are still growing. While analysts aren’t always correct, they do more research than the average investor to draw their conclusions. These are some of the top dividend stocks to buy t ...
Prediction: These Are Wall Street's Next 3 Stock-Split Stocks to Follow Walmart and Chipotle Mexican Grill
The Motley Fool· 2024-05-14 09:06
Nearly a dozen high-profile companies have conducted a forward-stock split since the midpoint of 2021. Three prominent, time-tested businesses may be the next stock-split stocks.Volatility is a common occurrence when putting your money to work on Wall Street. Since this decade began, the three major stock indexes have oscillated between bear and bull markets on a couple of occasions.When volatility and uncertainty arise, professional and retail investors have a habit of seeking the safety of outperforming s ...
Broadcom Inc. (AVGO) Increases Despite Market Slip: Here's What You Need to Know
Zacks Investment Research· 2024-05-13 22:51
Broadcom Inc. (AVGO) ended the recent trading session at $1,337.51, demonstrating a +0.35% swing from the preceding day's closing price. This change outpaced the S&P 500's 0.02% loss on the day. Elsewhere, the Dow saw a downswing of 0.21%, while the tech-heavy Nasdaq appreciated by 0.29%.Shares of the chipmaker witnessed a loss of 0.84% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 1.39% and the S&P 500's gain of 1.29%.The investment community will ...
1 Stock (Not Nvidia) Could Be a Massive Winner From Data Center AI
The Motley Fool· 2024-05-12 17:45
This company also combines a powerful portfolio of both chips and software, not unlike what Nvidia is building.As the artificial intelligence (AI) and accelerated computing data center bull market has heated up, realization settled in that this is more than hype. Nvidia (NASDAQ: NVDA) has been the standout winner so far: Shares are up an incredible 1,850% in the last trailing five-year stretch alone, clobbering average market returns.But Nvidia isn't the only market-beating semiconductor stock. Broadcom (AV ...
Billionaire Bets: 3 Unexpected Stocks Hedge Funds Are Snapping Up
InvestorPlace· 2024-05-10 11:00
Investing in hedge funds is not something the average investor can do. Rules are in place to ensure these investment vehicles are the playground only for the rich. Small investors need not apply.But you can still invest alongside the so-called “smart money.” Every three months investment managers have to file a Form 13F with the Securities & Exchange Commission. They detail the stocks they have bought and sold over the previous quarter. Scouring these reports gives you an idea of where billionaires are putt ...
Semiconductor Superstars: 3 Chip Stocks Powering the Tech Boom in 2024
InvestorPlace· 2024-05-10 10:06
Semiconductor stocks continue to lead the charge in the U.S. stock market. The iShares Semiconductor ETF (NASDAQ:SOXX) has risen more than 14% on a year-to-date basis, beating all other market indices. This ETF currently holds 35 semiconductor stocks operating across various sub-verticals of the space. Today’s modern technology increasingly necessitates advanced semiconductor chips, and as society springboards into the age of artificial intelligence (AI) and advanced cloud computing, it makes sense semicond ...
Broadcom Delivers Industry-Leading Workload Automation and Orchestration with Launch of Automic SaaS
Newsfilter· 2024-05-08 13:00
PALO ALTO, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ:AVGO) today announced its Automic® Automation solution is now available as Software as a Service (SaaS). Automic SaaS provides the same features as the market-leading Automic Automation on-premises solution with the added benefits of a service. With advanced workload automation and workflow orchestration capabilities, Automic SaaS will unify and simplify automation across mainframe, distributed, and hybrid cloud environments, while fr ...
Broadcom Inc. (AVGO) Stock Sinks As Market Gains: Here's Why
Zacks Investment Research· 2024-05-07 22:51
Broadcom Inc. (AVGO) closed the most recent trading day at $1,303.11, moving -0.55% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.13%. Meanwhile, the Dow experienced a rise of 0.08%, and the technology-dominated Nasdaq saw a decrease of 0.1%.Shares of the chipmaker have depreciated by 1.93% over the course of the past month, underperforming the Computer and Technology sector's gain of 0.89% and the S&P 500's loss of 0.35%.The upcoming earnings release of ...