319.00 +0.38 (0.12%)
After hours: 4:15PM EDT
|Bid||319.00 x 800|
|Ask||318.61 x 1300|
|Day's Range||318.18 - 322.45|
|52 Week Range||197.46 - 322.45|
|Beta (3Y Monthly)||0.27|
|PE Ratio (TTM)||21.04|
|Earnings Date||Jun 5, 2019 - Jun 10, 2019|
|Forward Dividend & Yield||10.60 (3.52%)|
|1y Target Est||312.45|
Finding top semiconductor stocks to buy involves understanding the health of markets that purchase chips for their products. Chip stocks have rebounded ahead of first-quarter earnings reports.
President and CEO of Broadcom Inc (NASDAQ:AVGO) Hock E Tan sold 20,000 shares of AVGO on 04/15/2019 at an average price of $315.07 a share.
Shares of several Apple Inc. suppliers are down after the company announced that it was settling its long-running patent litigation with Qualcomm Inc. . Macquarie analyst Srini Pajjuri downgraded shares of Skyworks Inc. to neutral from outperform on Tuesday, writing that while he doesn't see too much risk from Qualcomm when it comes to low-band power amplifier duplexers (PADs), Qualcomm is competitive with its diversity receive modules (DRx modules), which could lead to price pressure for Skyworks. Skyworks gets close to half of its revenue from Apple. Pajjuri also wrote that he sees some risk to his calendar 2020 estimates for Qorvo Inc. as both Qorvo and Broadcom Inc. benefitted from Qualcomm share losses at Apple. Broadcom shares are up 0.6% in midday trading Wednesday, while Skyworks and Qorvo shares are down 2.2% and 1.6%, respectively. Skyworks shares have gained 33% over the past three months, as the S&P 500 has risen 10%.
The Apple-Qualcomm Licensing Trial Begins: $27 Billion at Stake(Continued from Prior Part)What’s at stake?The two-year Apple-Qualcomm (AAPL) (QCOM) licensing lawsuit has finally gone to trial, as the two parties aren’t ready to settle. The
Broadcom Inc. (AVGO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
HENDERSON, NV / ACCESSWIRE / April 12, 2019 / With the technology sector being one of the biggest leaders in the recent bull market, we're focusing on tech stocks to watch today. One tech company that ...
Understand how to count bases. Semiconductor industry leader Broadcom shows how this chart-reading skill is useful in how to trade stocks with success.
Broadcom Inc. (AVGO) today announced it was again named a recipient of the 2018 NorthFace ScoreBoard Award (NFSB) for achieving excellence in customer service and support in the area of Global Technical Services by the Customer Relationship Management Institute, LLC (CRMI). CRMI is one of the world’s preeminent organizations specializing in customer experience.
A small handful of the Bay Area's largest tech employers, including Facebook, Palo Alto Networks, Splunk and Broadcom, pay their median employee above $200,000 per year.
Broadcom Inc NASDAQ/NGS:AVGOView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for AVGO with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting AVGO. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, growth of ETFs holding AVGO is favorable, with net inflows of $25.30 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Why Intel Stock Fell on Friday(Continued from Prior Part)Analysts’ ratingsOf the 40 analysts covering Intel (INTC), 16 recommend “buy,” 16 recommend “hold,” and eight recommend “sell.” Despite downgrading its rating ofor Intel stock on
Why Intel Stock Fell on FridayIntel stock downgraded Intel (INTC) stock fell ~1% on April 5 after Wells Fargo analyst Aaron Rakers downgraded the stock to “market perform” from “outperform.” The downgrade was based on the company’s
Boeing weighed on the Dow Jones Industrial Average but the Nasdaq edged higher. Watch these 3 tech stocks, not just Apple, leading the current market.
U.S. equities are moving lower on Monday, off their best levels as investors dump key industrial stocks like General Electric (NYSE:GE) after a number of notable downgrades. Energy continues to push higher, as geopolitical tensions bolster what was already a solid uptrend for crude oil.But looking beyond all this and other near-term concerns -- such as the U.S.-China trade machinations and Federal Reserve policy changes -- we are mere months away from the unveiling of an all-new iPhone by Apple (NASDAQ:AAPL). After last year's tepid lineup (a larger iPhone X design and LCD-screened cheaper options) the pressure is on the folks in Cupertino to deliver something closer to the hype that surrounded the iPhone 6 (a larger screen!) and the iPhone X (a larger screen!).The latest rumors are that the next handset will feature a first-ever triple-camera setup for the handset maker, enabling a wider zoom range and a larger field of view. This, along with other features like bi-directional charging, should generate a nice pop in demand and see off the threat of folding handsets from Samsung and others.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 8 Risky Stocks to Watch as Earnings Season Kicks Off As a result, Apple and a number of supplier stocks are moving higher. Here are five to watch: Apple (AAPL) Click to Enlarge Apple shares poised to push up and over the $200-a-share level for the first time since November, powering away from its 200-day moving average and marking a 40%-plus rally off of its early January low. Morgan Stanley analyst Katy Huberty took to CNBC this morning to warn investors not to underestimate the company's push into healthcare given its already dominant 60% revenue market share in wearables and growing focus on biometrics.The company will next report results on April 30 after the close. Analysts are looking for earnings of $2.37 per share on revenues of $57.5 billion. When the company last reported on Jan. 29, earnings of $4.18 beat estimates by a penny on a 4.5% drop in revenues. Skyworks (SWKS) Click to Enlarge Skyworks (NASDAQ:SWKS) shares are pushing up and out of a three-month consolidation range, returning to levels not seen since early November and breaking above the prior high set in February.Cascend Research analysts recently highlighted evidence of a recovery in Chinese smartphone demand, which they view as a positive for sales of the company's phone components.The company will next report results on May 2 after the close. Analysts are looking for earnings of $1.43 per share on revenues of $809.5 million. * 7 Cheap Energy Stocks to Buy Now When the company last reported on Feb. 5, earnings of $1.83 matched estimates on a 7.6% decline in revenues. Qorvo (QRVO) Click to Enlarge Qorvo (NASDAQ:QRVO) shares are also pushing up and over their 200-day moving average to return to levels seen in early November. Shares were recently upgraded to buy by analysts at KeyBanc Capital Markets with an $85 price target. This follows an upgrade in late March by Goldman Sachs citing stabilization in the smartphone marketplace.The company will next report results on May 1 after the close. Analysts are looking for earnings of $1.06 per share on revenues of $670.6 million. When the company last reported on Feb. 7, earnings of $1.85 beat estimates by 16 cents on a 1.6% drop in revenues. Cirrus Logic (CRUS) Click to Enlarge Cirrus Logic (NASDAQ:CRUS) shares are moving up to challenge its early November highs, setting up a breakout from a two-year consolidation range that followed a 50%+ decline from the highs set in the summer of 2017.This comes as shares shrug off a downgrade from Craig Hallum analysts back in January, citing disappointing demand in the 2018 iPhone lineup.The company will next report results on May 1 after the close. Analysts are looking for earnings of 12 cents per share on revenues of $219.7 million. * 7 High-Risk Stocks With Big Potential Rewards When the company last reported on Jan. 30, earnings of 91 cents per share beat estimates by 13 cents on a 32.8% drop in revenues. Broadcom (AVGO) Click to Enlarge Broadcom (NASDAQ:AVGO) shares are going from strength to strength, consolidating their recent push above the $300-a-share threshold after spending three years mired in the mid-$200 range.Bank of America Merrill Lynch analyst Vivek Arya recently examined semiconductor industry tends over the last 30 years and concluded investors could be overlooking a high-quality sector that is twice as profitable as the broad market.The company will next report results on June 6 after the close. Analysts are looking for earnings of $5.18 per share on revenues of $5.7 billion. When the company last reported on March 14, earnings of $5.55 beat estimates by 32 cents on an 8.6% rise in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Data Center Buys That Deliver Sizable Income * 7 High-Risk Stocks With Big Potential Rewards * 3 Marijuana Stocks to Watch as New York, New Jersey Delay Legalization Compare Brokers The post IPhone Hype Builds Again: 5 Stocks on the Rise appeared first on InvestorPlace.
US-China Talks: Optimism Is in the AirUS-China talksLast week, the United States and China concluded another round of trade talks to resolve their trade issues. From the beginning, the United States has made it clear that talks with China are
Semis with major exposure to China could end up getting crushed if a trade deal falls apart or fails to meet expectations.
Why Fund Managers Aren’t Buying Trump’s Strong Economy ArgumentPresident Trump On April 4, US President Donald Trump tweeted, “Despite the unnecessary and destructive actions taken by the Fed, the Economy is looking very strong.” This isn’t
Micron Fell after Morgan Stanley Downgraded the Stock(Continued from Prior Part)Micron’s inventoryMicron (MU) is the largest US (SPY) manufacturer of DRAM and NAND memory chips. However, the company is facing depleting demand for memory chips. The
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to lear...