PALO ALTO, Calif., Feb. 7, 2024 /PRNewswire/ -- Broadcom Inc. (NASDAQ: AVGO), a Delaware corporation headquartered in Palo Alto, CA, and a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced it will report its first quarter fiscal year 2024 financial results and business outlook on Thursday, March 7, 2024 after the close of the market. Broadcom's management will host a conference call at 2:00 p.m. Pacific Time on the same day to d ...

Tech giant Broadcom (AVGO -1.65%) has grown into one of the world's largest companies, expanding beyond semiconductors to enterprise software solutions, punctuated by its recent $61 billion acquisition of VMware. Today, the stock's valuation approaches $600 billion.The company's chips are essential in several end markets, and the business is recognizing a boost from artificial intelligence (AI) spending. Investors looking for a growing blue-chip stock with long-term total return potential should strongly co ...

Broadcom Inc. (AVGO) closed the latest trading day at $1,243.10, indicating a +1.53% change from the previous session's end. The stock's change was more than the S&P 500's daily loss of 0.32%. Meanwhile, the Dow lost 0.71%, and the Nasdaq, a tech-heavy index, lost 0.2%.The chipmaker's stock has climbed by 16.68% in the past month, exceeding the Computer and Technology sector's gain of 9.33% and the S&P 500's gain of 4.59%.Market participants will be closely following the financial results of Broadcom Inc. i ...

The end of the trading week saw a notable bull run toward tech stocks. Buoyed by solid quarterly results from some of the sector's big players, investors plowed into a great many companies in the industry. This resulted in a broad rally throughout, lifting share prices in many tech segments.Alphabet (GOOG 0.58%) (GOOGL 0.86%), for instance, saw both of its listed stocks creep up almost 1%, while semiconductor and other components specialist Broadcom (AVGO 2.03%) enjoyed a 2% gain. Content delivery network ( ...

“A billion here, a billion there, and pretty soon you’re talking real money.” While a trillion-dollar price tag is likely more common in today’s inflationary times, only a handful of companies have managed to attain that real-money status. Apple (NASDAQ:AAPL) was the first to do so in 2018 but six other stocks have since attained trillion-dollar valuations.As the market expands and businesses grow, we’ll likely see more stocks join this elite group of companies. But it’s more than just becoming trillion-dol ...

Every investor wants to grow their portfolio. A larger portfolio gives investors more financial flexibility, makes retirement more feasible, and results in hitting key milestones sooner. However, investors must incur a level of risk to potentially increase the return on their capital.Disruptive tech stocks offer investors a compelling opportunity. These corporations can continue to grow revenue and earnings by tapping into innovations. Investors can tap into considerable upside by looking for disruptive sto ...

Unlike high-growth stocks, long-term dividend stocks typically represent established companies with consistent profitability. They appeal to investors for two main reasons: steady income and long-term capital appreciation.In this article, I will discuss three promising dividend stocks. These selections are not just based on their current yield. They also have the potential for long-term outperformance due to the sustainability of their businesses.Another key consideration is their historical dividend growth ...

The stock price of Broadcom (NASDAQ: AVGO), the semiconductor and infrastructure software giant, recorded significant gains in 2023, rising by 100%, and it remains at the center of attention as investors ponder if it can replicate this movement in 2024.As 2024 progresses, AVGO has faced short-term headwinds aligning with the general stock market, with the equity trading at $1,204.88 as of the last recorded price. Although the stock closed with a drop of about 2% on Friday, January 26, AVGO has recorded impr ...

The stock market has been on a red-hot run over the past year. The S&P 500 has rallied more than 20% and was recently at an all-time high. Meanwhile, the tech-heavy Nasdaq Composite has surged over 35%. The current bull market rally could have a long way to go. However, bull runs typically take a breather every now and again. Because of that, I've been strategically stockpiling cash to go shopping when the next sell-off occurs. Broadcom (AVGO -2.04%), Blackstone (BX 0.88%), and Palo Alto Networks (PANW 0.66 ...

Broadcom Inc. (AVGO) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this chipmaker have returned +8.3% over the past month versus the Zacks S&P 500 composite's +2.4% change. The Zacks Electronics - Semiconductors industry, to which Broadcom Inc. belongs, has gained 10.6% over this period. Now the key question is: Where could the stock be headed in the near term?While media r ...