UK markets open in 3 hours 30 minutes

Broadcom Inc. (AVGO)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
Add to watchlist
484.68-0.72 (-0.15%)
At close: 4:00PM EDT
484.68 0.00 (0.00%)
After hours: 07:12PM EDT
Sign in to post a message.
  • R
    Robert
    This is so weak today! It lost $8 from the high of today, and only rose a TINY fraction of the indexes SOXX or SMH
  • K
    Kevin
    In full disclosure, I am a long-term shareholder of AVGO. I don't have any intention of selling it. But, one thing really bothers and confuses me. How is this company making $10.76 EPS and paying out ($14.40) a yield of over 3%? That doesn't add up?
  • E
    Edward
    Company responding to AAPL report. As I blogged yesterday, stock is reacting accordingly. Great stock and only a matter of time before $500 a share and beyond. Divi increase again at end of year. And I expect another announcement on a company to be acquired. Broadcom is always on the hunt and the CEO is great at buying one accretive to earnings.
  • R
    Robert
    I’m seeing 500 very soon.
  • R
    Robert
    483 seems to be the resistance level for AVGO. Will be nice to break through that level in the near future.
  • R
    Robert
    AVGO hasn’t acquired anyone in what seems like a long time. I’m fine with them paying down their current debt first, but for conversation purposes, any guesses on who will be the next acquisition???
  • E
    Edward
    This stock is cheap based on past history. For example, the stock trades at a 12 month cash flow of ~ 13 vs. its historical average of 60. Also, the stock is 43x trailing earnings which is a huge discount over its 5 year average earnings multiple of 113. I initiated a position in this winner 5 years ago and have added 25x since then with no sales. And the huge divi began after my 1st purchase. The dividends have been terrific. They have been increasing it every year and they have been substantial. They have a huge contract with Apple on the 5G which everyone wants or will want. Today, seems like a great stock to be a shareholder.
  • E
    Edward
    Why is it Up? Broadcom to buy SAS for about $15-20 Billion. They are doubling down on enterprise software Could be finalized in coming weeks. Jumps 20 points off its low this morning. Settles a little now but still over 1%.
  • C
    Calibre
    Hock Tan has a great record of successful acquisitions. I would have preferred if they paid down majority of their debt first but it seems they are aggressively doing that for the past year as well. Good deals are very hard to come by in the semiconductor space as semi companies are no longer "cheap" looking at historical valuation metrics so if Tan saw a good software deal, I guess it made sense to go for it. I would expect price target updates once the market digests the news and the deal completed.
  • F
    FINANCIAL CRISIS is COMING
    $^IXIC conversation
    The World Economy is Collapsing, people are starving, but the US Market Makers are too busy in printing money and PUMPING the Stock prices Artificially to make insiders trillionaire without working!
    ENJOY ABSURD COMPANY VALUATIONS, While the Economy is COLLAPSING and Corporate Revenues are TANKING!
    Enjoy Free Capital Gains in the US Stock Market while the Corporate Revenues are tanking and the Economy is Collapsing! US Stock Market is a “GET QUICK RICH” Scheme!
    Dow Jones Industrial Average (^DJI) was 17,000 in 2016, with better economic fundamentals and higher corporate earnings. However, thanks to the Collapsing Economy, Coronavirus Pandemic, Tanking Corporate revenues and earnings, Skyrocketing unemployment, Trade Wars, Record INFLATION levels, and Heavy Stock Dilutions, Dow Jones Industrial Average (^DJI) BUBBLE has almost Doubled!
    S&P 500 (^GSPC) was at 1600.00 with better fundamentals and higher corporate earnings in 2016. Now it is sitting at ABSURD 4300.00 with TERRIBLE Fundamentals, Collapsing Economy, HEAVIER Corporate and National Debt and way lower corporate revenues and earnings!
    The World Countries are refusing to accept the US Dollar as international reserve currency due to the HEAVY Dollar PRINTING!
    US Stocks are INSANELY OVERVALUED and OVERBOUGHT! US Stock Market is a MEGA BUBBLE right now!!!
    $AMD $NVDA $AMZN $AAPL $SQ $SHOP $SNAP $TWLO $CRM $ROKU $ADBE $DB $BAC $JPM $MS $GS $TWTR $TSLA $IBM $INTC $MSFT $GOOG $LMT $BA $TXN $NXPI $LRCX $NKE $DIS $EBAY $X $MA $V $S $T $F $GM $NFLX $CSCO $CAT $MMM $SBUX $TGT $WMT $ATVI $EA $TTWO $MCD $AVGO $JNJ $BIDU $BZUN $BABA $MU $AMAT $QCOM $WFC $BBBY $PFE $GE $WDC $BLK $KO $UA $ABBV $GILD $BB $ORCL $RH $KEM $IQ $GRPN $PYPL $MA $MOMO $JD $WBA $CVS $FB $W $BBY $SKX $FL $EFX $ETSY $W $UNH $SAP $GPRO $KHC $DPZ $PEP $LYFT $UBER $BYND $ZM $OLED $XOM $CVX $DAL $UAL $AAL $LUV $SAVE $AXP $SPCE $NCLH $CCL $NKLA $NIO $XPEV
    https://www.cnbc.com/2020/09/18/barclays-says-market-valuations-at-dotcom-bubble-levels-downgrades-large-tech-stocks.html
    Barclays downgraded the megacap technology sector to market weight given their stretched valuations.
    Barclays downgraded the megacap technology sector to market weight given their stretched valuations.
    www.cnbc.com
  • B
    Bob L.
    Looks like a sell into earnings....that has been the pattern for tech stocks.
  • C
    Calibre
    Irrespective of SAS deal outcome, bigger boost near term to Avgo - Apple to order 20% more iphones this year. Remember Apple provides for 20-25% of Avgo’s revenues.
  • R
    Roy
    Hock Tan is the best in the business!!! When Symantec acquisition was announced , stock dropped, look where we are now. I believe in our CEO.
  • s
    suffered
    --KGI Securities Initiates Coverage on Broadcom With Outperform Rating, $590 Price Target
    BY MT Newswires
    — 9:13 AM ET 06/29/2021
    09:13 AM EDT, 06/29/2021 (MT Newswires) -- (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)
  • R
    Robert
    It seems it’s good news, they are going to settle. By the way, Set top box business is not a big deal for avgo. But because of the sudden release, investors were not expecting this news, and overreacted
  • E
    Edward
    Based on Apple's report this quarter AVGO should soar. Everything AVGO can supply to APPLE will be happily received. And AVGO is getting top prices for their inventory. Apple had a great quarterly report and this only amplifies the forward performance for AVGO. BUY BUY BUY!
  • R
    Roy
    Wow over $478. I think next week we will finally get to $500
  • H
    HawkEye1,000x
    ⭐️ STRONG BUY on BROADCOM $AVGO 👍 —> $591.00 Price Target ✅ on the Point & Figure (P&F) Chart Technical Indicator. The P&F Chart is widely used by Professional Money Managers on Wall Street. The BROADCOM $AVGO Dividend Policy is to pay out 50% of Free Cash Flow as Dividends. For a retiree who wants to beat inflation, $AVGO should be a Top Pick in any investment portfolio seeking both growth and income (fast rising dividends). Full Disclosure: I currently own shares of $AVGO🚀📈🦅🙌 ... This message is for informational purposes only. I am not an investment advisor. Do your own due diligence research before buying or selling anything.
  • D
    David
    Looks like investors were waiting for Apple iphone 13 news to come out before jumping into AVGO,Skyworks,and Quorvo.The rush into these stocks has begun finally.It hs been a long rocky 6 month wait... now the rewards.
  • D
    DJP
    Was looking forward to the purchase of SAS after reading how it could turn AVGO into a software powerhouse. I finish the article and receive a WSJ alert that SAS will no longer be sold.