Broadcom Inc. (AVGO)
AVGO Price and Sentiment
AVGO Latest news
More inflation is coming. Don't get left behind.
Broadcom Inc. (AVGO) closed the most recent trading day at $514.15, moving +0.93% from the previous trading session.
Wide moats and technology growth prospects make these three dividend stocks compelling for risk-off yield-seekers.
Investors have been struggling for a long time to generate any sort of income due to the policies of the Federal Reserve. HTY invests in a global portfolio of dividend-paying stocks to produce a very attractive 9.92% yield.
Want to invest in tech, but not a trillion-dollar mega-cap? Consider this motley trio of top tech stocks instead.
Broadcom has been increasing its dividend for a decade. The chip shortage is here to stay in the medium term.
In the latest trading session, Broadcom Inc. (AVGO) closed at $503.25, marking a +1.14% move from the previous day.
Goldman Sachs analyst Toshiya Hari upgraded Broadcom Inc (NASDAQ:AVGO) to Buy from Neutral with a price target of $589, up from $527, implying an 18.4% upside. The analyst said the upgrade comes as the firm transitions to a more defensive posture within the context of its Semiconductor and Semiconductor Capital Equipment coverage universe.
At this stage, a few technology behemoths with attractive valuation are MSFT, TXN, NVDA, ADBE, CRM, NOW, AMAT and AVGO.
GlobalFoundries looks set to join the 2021 capital-raising boom, filing for an IPO amid a pandemic-driven global chip shortage.