Broadcom Limited designs, develops, and supplies a range of analog and digital semiconductor connectivity solutions. Its product portfolio comprises broadband access and modems, enterprise and network processors, wireless infrastructure, wireless connectivity, Ethernet communication and switching, and set-top box and media processors. The companys products are used in various applications, including data center networking, home connectivity, broadband access, telecommunications equipment, smartphones and base stations, data center servers and storage, factory automation, power generation and alternative energy systems, and displays. It primarily serves wired infrastructure, wireless communications, enterprise storage, and industrial and other markets in China, the United States, Singapore, and internationally. The company was formerly known as Avago Technologies Limited and changed its name to Broadcom Limited in February 2016. The company was founded in 2005 and is headquartered in Singapore.
some relief is felt now and if it manages to close above $145 good long if not wait lower support $136
Reported after close today (6/2/16) Earnings: EPS $2.53 Revenue $3.54B Estimates: EPS $2.38 Revenue $3.55B Up 7.15% after hours
Shares of Broadcom Limited (AVGO) are trading up nearly 1.5% today at $181.20. The stock is closing on its 52-week high of $181.94, which was set on December 13th. The shares have pulled back slightly since, but are now trying to break-out of that range.
This company is doing great. As for the stock... On longer-term charts, you will see it is at the top of Bollingers (even ones centered on 10 sma) with RSI~80. Sideways action will be great for it. If this goes below the daily 50 sma then you'll be getting it at a great price.
Only up a few $$ from 241 not too long ago so it isn't a big deal just yet. But the next quarter and into the holidays will be awesome!
That unexpectedly strong Q1 (current quarter) revenue guidance range, coupled with higher margins, means estimates have to be taken UP
Broadcom shares are down 15% since the company announced the intention to buy CA Technologies for $18.9 billion in mid-July. Investors are skeptical about the deal. But a few experts believe that the deal will add synergies over the long term as the CA Technologies mainframe business is a cash cow.
Broadcom Inc. Stock Outperforms Market On Strong Trading Day 4:38 pm ET January 26, 2022 (MarketWatch) This article was automatically generated by MarketWatch using technology from Automated Insights. Shares of Broadcom Inc. (AVGO) rose 4.30% to $557.12 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.15% to 4,349.93 and Dow Jones Industrial Average falling 0.38% to 34,168.09. Broadcom Inc. closed $120.64 below its 52-week high ($677.76), which the company achieved on December 28th. The stock outperformed some of its competitors Wednesday, as Taiwan Semiconductor Manufacturing Co. Ltd. ADR (2330.TW) rose 0.49% to $123.08, NVIDIA Corp. (NVDA) rose 2.01% to $227.72, and Intel Corp. (INTC) rose 1.35% to $51.69. Trading volume (5.0 M) eclipsed its 50-day average volume of 2.5 M. Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 26, 2022. -MarketWatch Automation Dow Jones Newswires
