AVGO Stock Recent News

Broadcom's strong portfolio and expanding AI offerings make its top-line growth prospects bright.

We're reiterating our buy on Broadcom for FY25. We expect possible share loss to NVDA in Ethernet switching and industry transition to NVDA's proprietary NVLink will be manageable through higher ASP. VMware should also continue to boost AVGO's infrastructure software sales, contributing to long-term growth and integration success.

Chip stocks have taken the market by storm over the past several years, racking up huge returns in many cases. However, many of these high-flying stocks are not returning value to their shareholders in the form of dividend income.

After a volatile summer following a consistently upward first half of the year, Broadcom Inc. AVGO shares are again on the verge of highs. In the past three weeks alone, they've jumped more than 30% and come within $4 of hitting June's record.

I've been Broadcom's shareholder since 2018. Added regularly, doubled down in 2022, and realised my last meaningful purchase in Q4 2023. I'm very impressed with the Company's robust M&A activity that resulted in some of the most effective deals in the technological space. Broadcom's ability to capitalize on the AI revolution is often neglected as the Company doesn't focus on GPUs as, for example, Nvidia does. However, its networking solutions lead the market.

The evidence is clear that stock-split stocks tend to outperform the broader market.

The Democratic presidential nominee's proposals could directly benefit each of these stocks.

Artificial intelligence chip stalwart Broadcom and fast-casual pacesetter Cava Group lead this watchlist of five stocks near buy points.

These two tech companies are getting a nice boost thanks to AI -- a trend that could continue in the long run.

Oracle, Broadcom, and Arm are still great long-term AI investments.