|Bid||18.40 x 1300|
|Ask||18.99 x 800|
|Day's Range||18.11 - 19.39|
|52 Week Range||15.12 - 28.70|
|Beta (5Y Monthly)||1.40|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 06, 2020 - May 10, 2020|
|Forward Dividend & Yield||0.50 (2.67%)|
|Ex-Dividend Date||Feb 20, 2020|
|1y Target Est||19.64|
Broadcom's recent acquisition led to a breakout above a new buy point, but is AVGO stock a buy in the current stock market?
NortonLifeLock (NASDAQ: NLOK), a global leader in consumer Cyber Safety, today announced the win of three AV-TEST Institute awards for its device protection solutions. These include the coveted Windows Home User Best Protection and Best Performance awards as well as the Best Android Protection award.
The technology sector is comprised of businesses that sell goods and services in electronics, software, computers, artificial intelligence, and other industries related to information technology (IT). The sector includes companies with the largest market capitalizations in the world such as Apple Inc. (AAPL), Alphabet Inc. (GOOGL), and Microsoft Corp. (MSFT). Tech stocks, as represented by the Technology Select Sector SPDR ETF (XLK), have dramatically outperformed the broader market over the past 12 months, providing investors with a total return of 4.8% compared to the S&P 500's total return of -12.1%. These market performance numbers and the statistics in the tables below are as of March 17, 2020.
Broadcom's (AVGO) fiscal first-quarter results reflect strength in infrastructure software segment amid softness in semiconductor vertical on sluggish demand for wireless products.
The chip developer and enterprise software vendor is at its lowest levels since July 2018 following its latest earnings report and call.
Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we publish an article with the title "Recession is Imminent: We Need A Travel Ban NOW". We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
NortonLifeLock (NLOK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
China’s Huawei Technologies, which for years has denied violating American trade sanctions on Iran, produced internal company records in 2010 that show it was directly involved in sending prohibited U.S. computer equipment to Iran’s largest mobile-phone operator. Two Huawei packing lists, dated December 2010, included computer equipment made by Hewlett-Packard Co and destined for the Iranian carrier, internal Huawei documents reviewed by Reuters show. The packing lists and other internal documents, reported here for the first time, provide the strongest documentary evidence to date of Huawei’s involvement in alleged trade sanctions violations.
Accenture said it will acquire Symantec's enterprise cybersecurity services business from Broadcom for an undisclosed sum. Accenture stock fell on the news amid a separate analyst downgrade.
Tech consultant Accenture, in latest security-related deal, agrees to buy the Symantec cybersecurity-services business from Broadcom.
Broadcom expects fiscal 2020 to be a good year for networking and RF chip sales. But it forecasts a major drop in its "mixed-signal custom" wireless chip sales to Apple.
Shares of the semiconductor Broadcom popped after Morgan Stanley upgraded the company to ‘overweight’ and named them top pick. Yahoo Finance’s Dan Roberts, Kristin Myers and Anjalee Khemlani discuss on YFi AM.