Broadcom TodayAVGOBroadcom$168.36 -3.06 (-1.79%) 52-Week Range$79.51▼$185.16Dividend Yield12.47%P/E Ratio7.24Price Target$170.64Add to WatchlistBroadcom Inc. NASDAQ: AVGO, a global technology powerhouse specializing in semiconductor and infrastructure software solutions, recently announced a 10-for-1 forward stock split, effective July 12, 2024. This move has sparked renewed interest in Broadcom’s stock, leading many investors and Broadcom’s analyst community to question whether the split signals a compelli ...

Broadcom's CEO just made a move that may look scary to some investors.Broadcom (AVGO -1.97%) stock is losing ground in Tuesday's trading. The tech company's share price was down 1.6% as of ET, according to data from S&P Global Market Intelligence.Broadcom is falling today following a recent filing with Securities and Exchange Commission (SEC). Per the filing published yesterday, CEO Hock Tan sold shares of the company's stock on July 11. Some investors appear to be taking Tan's recent sell move as a sign th ...

After initiating a 10-for-1 stock split on July 12, Broadcom (NASDAQ: AVGO) is trading at a new price of $171.42 at the latest close, after adding 0.80% in the latest trading session, in contrast to losses of 2.52% experienced in previous five trading days.AVGO stock 5-day price chart. Source: FinboldThe stock split doesn’t affect the company’s fundamentals and is purely an aesthetic move that aims to attract new investors and make the stock more affordable.Analysts on Wall Street are particularly bullish o ...

Fifth-generation (5G) wireless internet technology continues to be rolled out across the U.S. and around the world. The fastest and most powerful internet technology remains a huge market and opportunity for investors. The 5G wireless market is projected to grow from $30.13 billion in 2023 to $224.47 billion by 2032.For investors, this presents a sizable opportunity to invest in the stocks of leading 5G companies that are widely expected to benefit as the technology becomes more widely adopted and eventuall ...

Which of these AI-driven chipmakers will generate bigger gains this year?Broadcom (AVGO 0.80%) and Marvell Technology (MRVL 0.01%) usually don't attract as much attention as higher-growth chipmakers like Nvidia (NASDAQ: NVDA).But like Nvidia, both diversified chip specialists are benefiting from the rapid expansion of the artificial intelligence (AI) market. Let's examine the AI-driven tailwinds for both companies and see which stock is a better chipmaking play right now. The differences between Broadcom an ...

Broadcom (NASDAQ:AVGO) began trading at a lower price after its stock split after markets closed on Friday. Investors who held 10 shares on July 12 now hold 100.A split, by itself, has no financial impact. However, it shows management’s confidence in a company’s future and encourages buying by small investors.Today will also be the first day of trading since Broadcom announced its second-quarter results. A net income of $2.1 billion, $4.42 per share, on revenue of nearly $12.5 billion, is a tradeable event. ...

Wall Street's newest artificial intelligence (AI) stock-split stocks could deliver markedly different returns for investors over the next half-decade.It's a rare time to be an investor on Wall Street. While it's perfectly normal for a next-big-thing innovation, technology, or trend to be captivating investors' attention, having two trends vying for interest at the same time doesn't happen often.Although artificial intelligence (AI) is the core catalyst that's sent the iconic Dow Jones Industrial Average, br ...

Wall Street's next 10-for-1 stock split is being executed by a company whose business is, arguably, built on a house of cards.Although all eyes are seemingly on the rise of artificial intelligence (AI), the hottest trend on Wall Street just might be companies conducting stock splits.A stock split is an event that permits publicly traded companies to alter their share price and outstanding share count. Keep in mind that these adjustments are purely cosmetic and have no impact on a company's market cap or its ...

Nvidia used to be Wall Street's darling. Now, many analysts like Broadcom more.It's a leader in technology that powers artificial intelligence (AI) models. Its revenue is soaring. Its shares have skyrocketed. It announced a 10-for-1 stock split this year.Which stock am I talking about? There are two correct answers: Nvidia (NVDA 1.44%) and Broadcom (AVGO -0.31%). However, Nvidia has been the bigger star of the two.But could that change? Is Broadcom a better stock-split buy than Nvidia? Wall Street thinks so ...

Should you bet on this exciting artificial intelligence stock?With shares up by over 2,000% over the last 10 years, Broadcom (AVGO -0.31%) demonstrates the power of long-term investing. Over that time frame, the stock has faced several macroeconomic crises -- from the COVID-19 pandemic to the rapid rate hikes of 2022 -- only to emerge even more valuable than before.Let's discuss what the next decade could have in store for this leading semiconductor conglomerate as it pivots to new opportunities in generati ...