Broadcom Stock
AVGO Stock Promises More Gains to Investors Broadcom stock once again grabbed the headlines as Broadcom Ltd (NASDAQ:AVGO) made a bid for Toshiba’s NAND business last week. (Source: "Japan-U.S. bid eyed for Toshiba semiconductor unit sell-off," The Asahi Simbun, April 19, 2017.) This news is enough to raise alarms…
Broadcom Limited (NASDAQ:AVGO) is now the fourth-largest chip-maker in the world, after its predecessor company, Avago Technologies Ltd, acquired the Broadcom name and company earlier this year. However, as much as AVGO stock is up over 23% since its first official trading day on February 2, it still…
Broadcom Ltd (NASDAQ:AVGO) stock is a consistent outperformer. AVGO stock's financial results over the past several quarters has surpassed the expectations of Wall Street analysts. In its third-quarter fiscal 2016, Broadcom stock reported adjusted earnings of $2.89 per share, up from $2.24 per share in the same period…
On Thursday, May 28, Avago Technologies Limited (NASDAQ/AVGO) announced that it would acquire Broadcom Corp. (NASDAQ/BRCM) for $37.0 billion. (Source: Avago Technologies, May 28, 2015.) Avago Technologies is a producer of semiconductors based in Singapore. Broadcom is also a semiconductor maker, headquartered in Irvine, California. As one of…