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Wells Fargo Boosts Broadcom (AVGO) Price Target on New Growth Catalysts
Yahoo Finance· 2026-01-30 14:10
Broadcom Inc. (NASDAQ:AVGO) ranks among the most promising QQQ stocks according to hedge funds. On January 15, Wells Fargo boosted Broadcom Inc. (NASDAQ:AVGO) price target to $430 from $410, and upgraded the stock from Equal-weight to Overweight. The bank noted the recent decline in Broadcom Inc. (NASDAQ:AVGO) shares, as well as increased confidence in potentially important new catalysts through 2026, as grounds for its more favorable outlook. According to the firm’s updated calendar, Broadcom’s AI semic ...
Jim Cramer Believes “Broadcom Represents One of the Cheaper Ways to Play Artificial Intelligence”
Yahoo Finance· 2026-01-28 17:52
Core Viewpoint - Broadcom Inc. is viewed as a strong investment opportunity, particularly in the context of artificial intelligence, despite recent stock price declines [1][2]. Company Overview - Broadcom Inc. (NASDAQ:AVGO) specializes in semiconductor devices and infrastructure software, providing solutions for networking, connectivity, and storage [2]. - The company's products are utilized across various applications, including data centers, telecommunications, broadband, smartphones, industrial systems, and AI networking [2]. Recent Performance - Broadcom experienced a significant stock drop of 11.4% following a poorly received quarterly report, which also affected the broader AI data center stock group [2]. - Despite the recent decline, Broadcom reported a healthy top and bottom-line beat, along with strong sales and EBITDA guidance for the current quarter [2]. Market Position - The company is considered one of the more affordable options for investing in artificial intelligence, with ongoing growth in both software and hardware sectors [1]. - Broadcom's collaboration with major tech companies, such as Google, is expanding, indicating potential for future growth [1].
Analysts Remain Bullish on Broadcom (AVGO) While Cathie Adds Over 143,000 AVGO Shares
Yahoo Finance· 2026-01-22 18:08
Broadcom Inc. (NASDAQ:AVGO) is one of the 15 Best S&P 500 Stocks to Look For in 2026. On January 14, Cathie Wood loaded in on Broadcom Inc. (NASDAQ:AVGO) stock, adding over 143,000 AVGO shares across its ARKK and ARKW ETFs. The move came as AVGO shares dipped over 4% during the day’s trading session. Wood bought 143,089 AVGO shares worth $50.74 million. Analysts also remain bullish on Broadcom, with 92% out the total 53 analysts covering AVGO rating the stock a Buy. Over the last year, as of January 15, ...
Broadcom Earnings Preview: What to Expect
Yahoo Finance· 2026-01-22 13:40
Company Overview - Broadcom Inc., founded in 1961 and based in Palo Alto, California, specializes in designing, developing, and supplying semiconductor devices and infrastructure software solutions globally. The company has a market capitalization of $1.6 trillion and is set to release its Q1 2026 earnings soon [1]. Earnings Expectations - Analysts project Broadcom to generate earnings of $1.66 per share for Q1 2026, reflecting an 18.6% increase from $1.40 per share reported in the same quarter last year. The company has exceeded bottom-line estimates in two of the past four quarters while missing in two [2]. - For fiscal 2026, the expected EPS is $8.46, indicating a 50.3% rise from $5.63 reported in fiscal 2025. Furthermore, EPS is anticipated to increase nearly 45.4% year over year to $12.30 in fiscal 2027 [3]. Stock Performance - Broadcom's stock has surged 36.8% over the past 52 weeks, outperforming the S&P 500 Index's 13.7% rise and the State Street Technology Select Sector SPDR ETF's 21.8% return during the same period [4]. Product Launch - On January 6, Broadcom's stock experienced a slight increase following the launch of its next-generation BCM4918 accelerated processing unit (APU) and two new dual-band Wi-Fi 8 devices, BCM6714 and BCM6719, further enhancing its connectivity portfolio [5]. Analyst Ratings - The consensus opinion among analysts is highly bullish, with a "Strong Buy" rating overall. Out of 42 analysts covering the stock, 36 recommend a "Strong Buy," three suggest a "Moderate Buy," and three are neutral with a "Hold" rating. The average analyst price target is $455.22, indicating a potential upside of 38.4% from current levels [6].
Jim Cramer Says “Taiwan Semi Made Mincemeat of the Skeptics Who’ve Been Doubting AI’s Staying Power”
Yahoo Finance· 2026-01-19 13:29
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the stocks Jim Cramer put under a microscope. Cramer highlighted the “off the charts” demand for the company’s chips, as he stated: “Do you know that the fate of today’s market was decided at 12:30 AM Eastern time? Yeah, middle of the night. That’s when Taiwan Semiconductor, the biggest chip manufacturer in the world, reported one of the strongest quarters I have ever seen. That’s when we learned in a definitively bullish conference c ...
Citi Bullish on Broadcom (AVGO) as Accelerating AI Sales Drive $480 PT
Yahoo Finance· 2026-01-19 12:50
Broadcom Inc. (NASDAQ:AVGO) is one of the best future stocks to buy for the long term. On January 15, Citi kept a Buy rating on Broadcom with a $480 price target. Following a transfer of coverage, the firm established this new price target and issued a Buy rating, primarily driven by the company’s accelerating AI sales. The firm’s shift reflects increased confidence in the company’s ability to capitalize on AI demand. On the same day, Wells Fargo upgraded Broadcom to Overweight from Equal Weight, while r ...
Wells Fargo Turns Bullish on Broadcom Inc. (AVGO), Citing Stronger 2026 Catalysts
Yahoo Finance· 2026-01-17 11:45
Group 1 - Broadcom Inc. (NASDAQ:AVGO) is projected to have strong earnings growth over the next five years, with Wells Fargo upgrading its rating to Overweight and raising the price target to $430, indicating a potential upside of approximately 24% [1] - Wells Fargo has increased its revenue and EPS estimates for Broadcom, projecting revenues of $100.3 billion and EPS of $10.80 for CY26, and $143.8 billion and EPS of $15.35 for CY27, up from previous estimates [2] - The company is expected to see significant growth in its AI semiconductor revenue, projected to reach $52.6 billion in 2026 (up 116% YoY) and $93.4 billion in 2027 (up 78% YoY) [3] Group 2 - Wells Fargo anticipates low double-digit YoY growth for Broadcom's Infrastructure Software segment in FY26, with a backlog of nearly $73 billion at the end of FY25 [4] - Citi has reaffirmed a 'Buy' rating on Broadcom with a price target of $480, citing the company's increasing AI sales as a key factor [4] - Broadcom, founded in 1961, operates in the semiconductor and infrastructure software sectors globally [5]
Broadcom Issues $4.5B in Notes as AI Concerns Linger
Yahoo Finance· 2026-01-16 19:17
Broadcom Inc. (NASDAQ:AVGO) is among the most profitable US stocks to buy. On January 12, Broadcom Inc. (NASDAQ:AVGO) announced the issuance of $4.5 billion in senior notes, according to the latest U.S. Securities and Exchange Commission filing. The company plans to utilize the net proceeds to fund general corporate operations and to repay existing loans. Earlier on January 9, Stacy Rasgon, an analyst at Bernstein, reaffirmed an ‘Outperform’ rating on Broadcom Inc. (NASDAQ:AVGO) with a price target of $4 ...
10 Most Profitable US Stocks to Buy
Insider Monkey· 2026-01-16 06:56
Core Insights - The article discusses the most profitable US stocks to invest in, emphasizing the importance of profitability as a strategy for identifying strong operational performance and growth potential in turbulent market conditions [1][3]. Methodology - The list of the 10 most profitable US stocks was compiled using a Stock Analysis screener, filtering for stocks with a market capitalization over $2 billion and operating/net profit margins exceeding 20%. The top 10 stocks were ranked based on their trailing twelve-month (TTM) net income [5]. Investment Interest - The article highlights the significance of stocks that hedge funds are heavily investing in, suggesting that mimicking top hedge fund picks can lead to market outperformance. A quarterly newsletter strategy has reportedly returned 427.7% since May 2014, outperforming its benchmark by 264 percentage points [6][7]. Company Highlights - **Wells Fargo & Company (NYSE:WFC)** - TTM Net Income: $19.97 billion - Operating Margin: 33.72% - Number of Hedge Fund Holdings: 76 - BofA Securities raised its price target on Wells Fargo to $107 from $100, citing an attractive risk/reward profile due to the company's discounted valuation relative to peers [8][9]. - Baird downgraded Wells Fargo to Underperform with a price target of $90, indicating concerns over overly optimistic market sentiment [10]. - **Broadcom Inc. (NASDAQ:AVGO)** - TTM Net Income: $23.13 billion - Operating Margin: 31.76% - Number of Hedge Fund Holdings: 183 - Broadcom announced the issuance of $4.5 billion in senior notes to fund corporate operations and repay loans [12]. - Bernstein reaffirmed an 'Outperform' rating with a price target of $475, addressing investor concerns about competition in the AI market and asserting that these worries are overblown [13][14].
Benchmark Boosts Broadcom’s (AVGO) Price Target Amid AI Chip Growth
Yahoo Finance· 2026-01-02 14:10
Broadcom Inc. (NASDAQ:AVGO) ranks among the best AI stocks to buy according to analysts. Citing robust development in the AI semiconductor industry, Benchmark increased its price target for Broadcom Inc. (NASDAQ:AVGO) from $385 to $485 on December 12, retaining a Buy rating on the company’s shares. According to Broadcom Inc. (NASDAQ:AVGO), its AI semiconductor division achieved $6.5 billion in Q4, improving 76% year-over-year and 25% sequentially. The company reported $21 billion in orders from Anthropic ...