|Bid||240.23 x 100|
|Ask||241.00 x 200|
|Day's Range||238.18 - 242.70|
|52 Week Range||160.62 - 259.36|
|PE Ratio (TTM)||183.08|
|Earnings Date||Dec 6, 2017 - Dec 11, 2017|
|Dividend & Yield||4.08 (1.63%)|
|1y Target Est||284.75|
Rapid wireless growth and the huge opportunity in storage will be catalysts.
B. Riley & Co.’s semiconductor analyst Craig Ellis, who follows shares of semiconductor stocks such as Broadcom (AVGO), Qorvo (QRVO) and Skyworks Solutions (SWKS), today rebuts some of the negative vibes created for the group by a report put out yesterday by Rosenblatt analyst Jun Zhang, who claimed Apple’s (AAPL) iPhone 8 is seeing weak order patterns in China. Acknowledging Apple's iPhone "product cycle” is "one of the biggest in late-2017 and early-2018” and therefore, “meaningful” for his covered names, Ellis concedes "the competitor report raises a yellow flag of risk” that he must "continue to monitor." "However, we believe it's early to draw broad-based product cycle conclusions,” writes Ellis.
SAN JOSE, Calif. and SINGAPORE, Sept. 21, 2017-- Broadcom Limited, a leading designer, developer and global supplier of a broad range of digital and analog semiconductor connectivity solutions, today announced ...