Broadcom Inc
NASDAQ: AVGO
$245.36
+$5.68 (+2.4%)
Closing Price on December 26, 2024
AVGO Articles
The fantastic growth of cloud computing and storage continues to be one of the most incredible tech stories of the past 20 years.
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The November 15 short interest data have been compared with the previous report. Short interest decreased for the most part in these selected semiconductor stocks.
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Analysts at Merrill Lynch have made a big move by adding a top consumer goods stock and a life sciences company to the firm's well-respected US 1 list of stocks, while removing a utility stock.
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These companies are doing outstanding on their own, and the potential for additional revenue from a hot new Facebook project is just more fuel for the proverbial fire.
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Semiconductor trends are considered to be leading indicators of technology and broader electronics demand. A strong rally in the tech sector has pushed many of these companies to new highs.
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Merrill Lynch has added PNC Financial Services to its well-respected US 1 list of stocks to Buy. It replaces First Republic Bank, and PNC is offering investors a solid entry point.
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The October 14 short interest data have been compared with the previous report. Short interest increased for the most part in these selected semiconductor stocks, with one big exception.
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While buying shares in front of earnings can always be a risky bet, if any companies look like a good play it would be these three.
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The markets have been retreating, begging the question whether the recent tech rally is over. The latest short interest data might suggest that it is.
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The the top analyst upgrades, downgrades and initiations seen on Wednesday morning include Broadcom, Flex, Genworth Financial, Micron Technology, Salesforce.com, UBS and Wal-Mart.
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SunTrust Robinson Humphrey is not alone in its praise of these three top semiconductor stock. They are widely covered on Wall Street and most firms are very bullish.
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Currently the markets are retreating, begging the question whether the recent tech rally is over. The short interest might suggest that it is.
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A new Merrill Lynch research report lists five top chip picks for the rest of 2016. Typically, semiconductor makers outperform the overall market during the calendar fourth and first quarters.
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The August 31 short interest data have been compared with the previous report. Short interest was mixed in these selected semiconductor stocks.
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RBC makes the case that the new products should be positive for Apple, and they should increase demand and unit sell through, which in turn should be a boost to the entire supply chain.
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