Last price: $1,325.41
52w range:
$601.29
to
$1,438.17
52w change:
120.00%
to
-8.00%
Forward PE: 25.14
Trailing EPS: 26.9
50d average: $1,273.45
(4%)
200d average: $1,004.79
(32%)
Open: $1,317.12
Previous close: $1,318.73
Change: $6.68
(0.51%)
Day high: $1,330.01
Day low: $1,311.69
Volume: 1.95 million
Avg. vol 3m: 3.10 million
NasdaqGS
NASDAQ:AVGO
Cap: 614.22 billion
Shares outstanding: 463.4 million
Price hint: 2
Price to book: 22.38
Annual dividend rate: 19.70
Annual dividend yield: 0.01
$5.25 dividend 1 year ago
Yahoo Quote
Broadcom Inc. (NASDAQ: AVGO) is a global infrastructure technology leader, offering a wide range of semiconductor and infrastructure software solutions. Broadcom's product portfolio serves various markets, including data center, networking, software, broadband, wireless, storage, and industrial. The company's products are used in mission-critical applications, and its semiconductor solutions are known to be top notch.
As of Q1 2021, the company delivered strong results with revenue of $6.66 billion, up from $5.86 billion in Q1 2020, showing robust growth as the demand for their services remains high. The company has a robust gross margin of over 70%, indicating its efficiency in converting raw materials into product revenue.
Looking at the financial health, Broadcom has a sizable debt level. However, the company has maintained a steady positive cash flow, which alleviates some concerns regarding the debt. Furthermore, Broadcom is also considered a reliable dividend stock with an attractive yield.
Broadcom has relationships with some big names in tech, including Apple, which uses Broadcom’s chips in its products. This relationship provides a stable income stream for Broadcom.
However, as with any investment, there are risks involved. The company operates in highly competitive markets. Hence, a failure to introduce new products or technologies could harm the company's competitiveness. In addition, since Broadcom is dependent on a small number of customers for a significant part of its revenue, the loss of any one of them could reasonably affect the company's financial condition.
Considering these factors, the decision to invest should be based on your risk tolerance, investment goals, and other portfolio holdings.