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Broadcom (AVGO)

(Delayed Data from NSDQ)

$1,734.56 USD

1,734.56
6,525,818

-67.96 (-3.77%)

Updated Jun 20, 2024 04:00 PM ET

After-Market: $1,736.69 +0.30 (0.02%) 4:18 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value D Growth A Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 30% (175 out of 249)

Industry: Electronics - Semiconductors

Better trading starts here.

Zacks News

Broadcom is a premier designer, developer and global supplier of a broad range of semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor (CMOS) based devices and analog III-V based products. The company was formed following the completion of the merger of Avago and Broadcom Corporation on Feb 1, 2016. Headquarters are in San Jose, CA. Broadcom has been aggressively pursuing strategic acquisitions to diversify end markets beyond semiconductors. The company is looking to strengthen presence in the infrastructure software vertical particularly. This strategy is enabling the company to improve the top line. Buyouts of CA and Symantec’s enterprise security business remain noteworthy.

Broadcom's (AVGO) Symantec Completes Australian Assessment

Broadcom's (AVGO) Symantec cybersecurity solutions successfully completed the Information Security Registered Assessors Program (IRAP) assessment.

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Smart Beta ETF report for VYM

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5 Technology Stocks Powering S&P 500 ETF This Year

The S&P 500 has been on a bull run, registering its 30th record close of the year. While many stocks have powered the ETF, technology has been the clear leader.

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PPI Wholesale Shrinks, Jobless Claims Jump

Final demand in goods dropped -0.8% last month, led by -7.1% in wholesale gasoline costs.

Unlocking Broadcom Inc. (AVGO) International Revenues: Trends, Surprises, and Prospects

Examine Broadcom Inc.'s (AVGO) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.

Investors Heavily Search Broadcom Inc. (AVGO): Here is What You Need to Know

Recently, Zacks.com users have been paying close attention to Broadcom Inc. (AVGO). This makes it worthwhile to examine what the stock has in store.

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Top Stock Reports for Berkshire Hathaway, Eli Lilly & PepsiCo

Today's Research Daily features new research reports on 16 major stocks, including Berkshire Hathaway Inc. (BRK.B), Eli Lilly and Company (LLY) and PepsiCo, Inc. (PEP), as well as two micro-cap stocks Hovnanian Enterprises, Inc. (HOV) and IDT Corporation (IDT).

Broadcom Inc. (AVGO) is a Great Momentum Stock: Should You Buy?

Does Broadcom Inc. (AVGO) have what it takes to be a top stock pick for momentum investors? Let's find out.

Imports Come in Lower Than Expected

Imports Come in Lower Than Expected.

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Imports, Exports Latest Econ Data to Shrink

Imports posted a big drop month over month: to -0.4% in May from +0.9% in April.

Company News for June 14, 2024

Companies in The News Are: TSLA, KFY, PLAY, AVGO

Wall Street Bulls Look Optimistic About Broadcom Inc. (AVGO): Should You Buy?

According to the average brokerage recommendation (ABR), one should invest in Broadcom Inc. (AVGO). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

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Time to Buy Broadcom's (AVGO) Stock After Strong Q2 Results?

Spiking over +15% in early morning trading, Broadcom's (AVGO) stock hit all-time highs today as AI helped the semiconductor titan post stellar growth for its fiscal second quarter.

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Broadcom Jumps on Q2 Earnings Beat: ETFs to Buy

Broadcom (AVGO) reported strong second-quarter fiscal 2024 results, topping both earnings and revenue estimates and offering an upbeat annual forecast driven by robust demand for AI products.

Broadcom (AVGO) Q2 Earnings Beat Estimates, Revenues Rise Y/Y

Broadcom's (AVGO) second-quarter fiscal 2024 results benefit from strong demand for networking and generative AI solutions.

Headline PPI Swings to a Negative

Headline PPI Swings to a Negative.

The Zacks Analyst Blog Highlights NVIDIA, Apple, Netflix and Broadcom

NVIDIA, Apple, Netflix and Broadcom are included in this Analyst Blog.

Zacks Earnings Trends Highlights: Meta, Nvidia, Oracle and Broadcom

Meta, Nvidia, Oracle and Broadcom have been highlighted in this Earnings Trends article.

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What Will the Q2 Earnings Season Show?

The setup for the Q2 earnings season, whose early reports have started trickling in, is one of continued resilience coupled with a steadily improving outlook.

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What Will the Q2 Earnings Season Show?

The setup for the Q2 earnings season, whose early reports have started trickling in, is one of continued resilience coupled with a steadily improving outlook.

Broadcom Inc. (AVGO) Q2 Earnings and Revenues Beat Estimates

Broadcom Inc. (AVGO) delivered earnings and revenue surprises of 1.58% and 3.71%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?

Texas Instruments (TXN) Aids Portfolio With DRV7308 Power Module

Texas Instruments (TXN) unveils DRV7308 gallium nitride (GaN) intelligent power module in a bid to expand its product portfolio.

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AI Optimism Powers Nasdaq to Hit Fresh All-Time High: 5 Picks

Stocks like Alphabet Inc. (GOOGL), Netflix, Inc. (NFLX) and Broadcom Inc. (AVGO) are poised to gain from the ongoing Nasdaq rally.

The Zacks Analyst Blog Highlights Broadcom, Johnson & Johnson, Verizon, Taylor Devices and Frequency Electronics

Broadcom, Johnson & Johnson, Verizon, Taylor Devices and Frequency Electronics are included in this Analyst Blog.

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Earnings Season Update and Analyst Reports for Broadcom, JNJ & Verizon

Today's Research Daily features an earnings season update and new research reports on Broadcom (AVGO), Johnson & Johnson (JNJ) and Verizon (VZ), as well as two micro-cap stocks Taylor Devices, Inc. (TAYD) and Frequency Electronics, Inc. (FEIM).