AVGO - Broadcom Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
313.67
-1.86 (-0.59%)
At close: 4:00PM EST

310.72 -2.95 (-0.94%)
Pre-Market: 7:53AM EST

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Previous Close315.53
Open312.48
Bid310.72 x 800
Ask312.00 x 800
Day's Range312.00 - 315.65
52 Week Range217.61 - 323.20
Volume1,074,135
Avg. Volume2,103,029
Market Cap124.424B
Beta (3Y Monthly)0.90
PE Ratio (TTM)44.14
EPS (TTM)7.11
Earnings DateDec 5, 2019 - Dec 10, 2019
Forward Dividend & Yield10.60 (3.36%)
Ex-Dividend Date2019-09-20
1y Target Est320.74
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  • Broadcom Inc. (AVGO) Outpaces Stock Market Gains: What You Should Know
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    Broadcom Inc. (AVGO) Outpaces Stock Market Gains: What You Should Know

    Broadcom Inc. (AVGO) closed at $315.53 in the latest trading session, marking a +0.89% move from the prior day.

  • GlobeNewswire

    Broadcom Introduces Industry’s First Enterprise-Grade Support for Eclipse Che4z and VS Code4z

    Broadcom Inc. (AVGO) today announced the introduction of the industry’s first enterprise-grade support for new extensions of Eclipse Che 7— the first Kubernetes-native, integrated development environment (IDE) for developer teams leveraging the mainframe platform. As the first-ever open-source based set of IDE extensions for mainframe application development, developers can now use their existing tools to easily build innovative apps leveraging the data and processes residing on the mainframe. This innovative new offering, combined with Broadcom’s CA Brightside support of the Open Mainframe Project Zowe framework, provides enterprises with the confidence they need to introduce true, modern DevOps tools within their mainframe environment.

  • PR Newswire

    Broadcom Inc. to Announce Fourth Quarter and Fiscal Year 2019 Financial Results on Thursday, December 12, 2019

    SAN JOSE, Calif. , Nov. 12, 2019 /PRNewswire/ -- Broadcom Inc. (NASDAQ: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today ...

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    Broadcom Inc. (AVGO) closed at $313.16 in the latest trading session, marking a -0.28% move from the prior day.

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  • Goodbye, Symantec: Consumer business gets rebrand
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    Broadcom Inc.'s $10.7 billion acquisition of Symantec Corp.'s enterprise security business closed this week, and with the deal came the right to the Symantec name. That means that what remains of Mountain View-based Symantec has rebranded.

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  • 5 Top Stock Trades for Wednesday: SHAK, AVGO, LYFT
    InvestorPlace

    5 Top Stock Trades for Wednesday: SHAK, AVGO, LYFT

    While lacking the momentum seen a week ago, stocks continue to a good job holding up near all-time highs. That led to a somewhat choppy trading environment on Tuesday, as we look at a few top stock trades. Top Stock Trades for Tomorrow No. 1: Shake Shack (SHAK)Man, Shake Shack (NYSE:SHAK) was hammered relentlessly on Tuesday, falling about 20% after a disappointing outlook. Investors could have made a better stand, but the weakness shows that the bears are in control at the moment.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHad the bulls seized control, SHAK would have reclaimed then maintained the 200-day moving average. Instead, it gapped below this mark, rallied up to it and pulled back again. * 7 Earnings Losers That Were Hit Hard This Season What now? Notice how SHAK is sandwiched between the 50% and 38.2% retracements. A break of either could create a "go with" trade in that direction. Meaning a break below the 38.2% retracement could trigger more selling, while a breakout over the 50% retracement could trigger a rally.Keep it simple, although below the 200-day moving average is not bullish. Top Stock Trades for Tomorrow No. 2: Broadcom (AVGO)Broadcom (NASDAQ:AVGO) is finally back in favor, as the stock had been trading in a wedge (blue lines) for several quarters at this point. Investors have been waiting for a move one way or the other, and last month, it looked like that move was going to be lower.AVGO stock is a tough one. It's technically becoming overbought and is running into resistance between $315 and $318.However, the U.S. government will likely allow U.S. companies to start selling to Huawei again, while AVGO has a below-market multiple and strong cash flows. Further, it just embarked on a multi-month breakout!It's difficult to buy into Broadcom at this point given the big rally, looming resistance and potential "sell the news" setup. I am a buyer of AVGO stock on a pullback to the $300 to $305 area, assuming it holds as support. Top Stock Trades for Tomorrow No. 3: Lyft (LYFT)There are many eyes on Uber (NYSE:UBER) as it makes new 52-week lows after earnings. But what about Lyft (NASDAQ:LYFT) stock?The stock does not look healthy. It couldn't reclaim the 50-day moving average or hold up above $44. A break below $41.50 quickly puts $40 on the table. Below that and the $38 lows are possible.If it's anything like Uber, it may not be long before Lyft is making new lows too. Let's keep an eye on this one, because not making new lows on this breakdown would be notable too. However, for bulls to really gain momentum, LYFT needs to clear and hold the 50-day. Top Stock Trades for Tomorrow No. 4: Nio (NIO)Nio (NYSE:NIO) exploded higher by more than 30% after its partnership with Mobileye, a unit of Intel (NASDAQ:INTC).Even though the percentage gain is impressive, shares could be running into a roadblock. While a short squeeze could continue to push Nio higher, keep in mind that shares are now running into the 50-day moving average and beginning to fill the gap from September.Clearing the $2.40 to $2.60 will likely be difficult too. If it does, Nio can fill the gap up toward $2.75.If resistance holds, see that $1.80 holds on a pullback. Top Stock Trades for Tomorrow No. 5: Hertz (HTZ)Hertz (NYSE:HTZ) is feeling some relief, as it rallies on earnings. If shares can clear the 50-week moving average, they can rally up to the 100-week moving average at $17.20. That's also where HTZ will run into downtrend resistance.Should the 50-week moving average hold as resistance, I want to see $14 hold on a pullback. Below that level is bad news for bulls.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long AVGO. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Earnings Losers That Were Hit Hard This Season * 6 Tech Stocks Better Than the FAANGs * 7 Retail Stocks to Avoid for the Holidays The post 5 Top Stock Trades for Wednesday: SHAK, AVGO, LYFT appeared first on InvestorPlace.

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  • Barrons.com

    Symantec Is Now NortonLifeLock. It’s a Cheap, Ignored Stock.

    Broadcom acquired the former Symantec’s enterprise business in a deal that closed on Monday. The remaining, consumer-focused cybersecurity operation is a Buy, according to UBS.

  • Benzinga

    UBS Upgrades Symantec, Says RemainCo Consumer Franchise Seems Undervalued

    Symantec has closed the sale of its Enterprise business, which contributed 50% of total revenue and 10% of EBIT. The company is scheduled to report earnings on Wednesday, and “we see catalysts for investors to revisit a cleaner, more profitable, and more focused business at an attractive multiple,” Boolani said in the note. Following the Enterprise business divestiture to Broadcom Inc (NASDAQ: AVGO), Symantec has changed its name to NortonLifeLock and its dividend yield goes to an attractive 3%.

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  • GlobeNewswire

    Broadcom Expands Collaboration with Infosys, Delivering Industry-First Innovations to Automate Business Processes, AIOps, and Testing for SAP S/4HANA Customers

    Broadcom Inc. (AVGO) today announced an expanded collaboration with Infosys, one of the world’s largest digital services and consulting companies, to help SAP customers mitigate risks and costs associated with the upgrade to SAP’s next-generation enterprise resource planning application, S/4HANA. The expanded alliance will combine the industry’s first Digital BizOps solution, powered by automation.ai from Broadcom, with deep industry and technical SAP implementation expertise from Infosys in the areas of Agile Business Management, Continuous Testing, Automation, and AIOps. A key component of the expanded alliance is the introduction of a leading-edge, new solution, Continuous Testing for SAP® S/4HANA.

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  • Moody's

    Symantec Corporation -- Moody's downgrades Symantec's unsecured rating to Ba3; assigns Ba2 CFR, stable outlook

    Moody's Investors Service ("Moody's") downgraded the senior unsecured rating of Symantec Corporation (Symantec or NotonLifeLock Inc.) to Ba3 from Baa3. Moody's also assigned a Ba2 Corporate Family Rating (CFR) and Ba2-PD Probability of Default Rating (PDR). The downgrade of the unsecured debt rating is driven by the increase in leverage following the sale of its Enterprise business, shift to a more shareholder friendly financial policy and introduction of secured debt into the capital structure.

  • PR Newswire

    Broadcom Completes Acquisition of Symantec Enterprise Security Business

    SAN JOSE, Calif. , Nov. 4, 2019 /PRNewswire/ -- Broadcom Inc. (NASDAQ: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced ...

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