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 chipmaker 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…