AVGO Stock Recent News

AVGO's selloff has already triggered a rare dollar cost averaging opportunity, thanks to the reasonable valuations and robust multi-year AI prospects. We maintain our belief that the company is likely to exceed consensus' prudent estimates, thanks to its growing custom ASIC opportunities with the top 5 hyperscalers. This is on top of the management's improving SaaS monetization through the transition from perpetual license to subscription and ongoing upselling to virtual cloud platform.

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.

If investors have learned anything over the past five years, it's that the stock market can be a wild roller coaster ride.

When it comes to artificial intelligence (AI) chip stocks, Nvidia (NVDA 0.76%) has been crowned the king by market prognosticators. That doesn't mean there aren't other contenders for the throne.

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today March 20th:

Broadcom Inc. (AVGO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Here, we present four tech stocks, AVGO, ZM, NVDA, and FTNT, which are poised to perform well in the rest of 2025.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

February investments fell below $1,000, mainly in BDCs like Owl Rock Capital and Ares Capital, boosting annual dividend income by $77. Dividend income hit a new February record of $505, up 5% Y/Y driven by organic dividend growth. Focus remains firmly on maintaining rising BDC dividends and achieving a monthly increase of at least $100 in dividend income.

Chip giant Broadcom NASDAQ: AVGO recently posted quarterly results that have many arguing that the AI party isn't over. The market reaction to the company's results stood in stark contrast to that of its rival, Marvell Technology NASDAQ: MRVL.