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      • Based on the average brokerage recommendation (ABR), Broadcom Inc. (AVGO) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric.
      finance.yahoo.com › news › wall-street-analysts-think-broadcom-143006291
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  2. 6 days ago · Should I buy Broadcom (AVGO)? Use the Zacks Rank and Style Scores to find out is AVGO is right for your portfolio.

  3. 2 days ago · There are currently 2 hold ratings and 21 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AVGO shares. View AVGO analyst ratings or view top-rated stocks .

    • (408) 433-8000
    • 1320 RIDDER PARK DRIVE, SAN JOSE CA, 95131
    • investor.relations@broadcom.com
  4. Mar 13, 2024 · NASDAQ: AVGO. Broadcom. Market Cap. $652B. Today's Change. (1.04%) $14.55. Current Price. $1,407.84. Price as of May 24, 2024, 4:00 p.m. ET. Broadcom reported quarterly earnings results...

  5. Broadcom (AVGO) Stock Price, News & Info | The Motley Fool. Broadcom (NASDAQ: AVGO) $1,408.42. (1.1%) $15.13. Price as of May 24, 2024, 3:59 p.m. ET. Key Data Points. Current Price. $1,408.42....

    • Broadcom
    • Broadcom Stock at A Glance
    • What We Thought of Broadcom Earnings
    • Fair Value Estimate For Broadcom
    • Economic Moat Rating
    • Risk and Uncertainty
    • AVGO Stock Bulls Say
    • AVGO Stock Bears Say
    Morningstar Economic Moat Rating: Narrow
    Morningstar Uncertainty Rating: Medium

    Narrow-moat Broadcom reported strong fiscal second-quarter results, slightly below our revenue expectations but significantly surpassing our earnings expectations. Networking demand was again strong on the back of a continued tailwind of generative artificial intelligence deployment. Management noted that AI-related revenue currently represents app...

    At a 2-star rating, we believe Broadcom’s stock is overvalued compared with our fair value estimate. We expect strong networking demand to persist in the coming years and average top-line growth in the mid-single digits over the next five years, in line with management’s expectations. While all of Broadcom’s core segments are poised to grow, we vie...

    We attribute Broadcom’s narrow moat to its expertise in chip design for network switching chips and FBAR filters. Among Broadcom’s many product lines, these two exhibit the greatest sources of enduring competitive advantage in our view. The firm also boasts market-leading positions in areas such as Wi-Fi chips, set-top box processors, enterprise st...

    Our Morningstar Uncertainty Rating for Broadcom is Medium, reflecting the fundamental risk the firm faces due to cyclicality, customer concentration, and its tendency to make large M&A deals that carry strategic, financial, and integration risks. Apple accounted for 20% of revenue in fiscal 2022 and 2021, illustrating the sizable impact any potenti...

    Broadcom’s proprietary FBAR filters are well-suited to handle a variety of 4G and 5G radio frequency signals.
    Broadcom’s networking chip expertise has positioned it well for selling into both on-premise data center equipment and leading cloud equipment vendors.
    The company continues to make reasonable acquisitions to expand its breadth and diversify its product portfolio, and we anticipate further accretive deals in the years ahead.
    Broadcom still has significant customer concentration with Apple, and it would be damaging if Apple switched to another firm for FBAR filters or other components which it provides.
    Large customers like Apple wield significant pricing power and could exert pricing pressure on suppliers, including Broadcom, over time.
    Demand in some of Broadcom’s key end markets, like optical networking and enterprise storage, is inherently lumpy, and results may face volatility from time to time.
  6. Sep 28, 2022 · Zacks Equity Research. Wed, Sep 28, 2022, 6:45 AM 2 min read. In this article: AVGO. For new and old investors, taking full advantage of the stock market and investing with confidence are...

  7. Sep 9, 2021 · Broadcom Inc. (AVGO) is a Top-Ranked Momentum Stock: Should You Buy? September 09, 2021 — 10:24 am EDT. Written by Zacks Equity Research for Zacks -> Taking full advantage of the stock market...

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