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Broadcom (AVGO)

(Delayed Data from NSDQ)

$167.47 USD

167.47
23,748,648

-5.03 (-2.92%)

Updated Oct 1, 2024 04:00 PM ET

After-Market: $166.26 -1.21 (-0.72%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

Zacks Rank Education - Learn about the Zacks Rank

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value C Growth A Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 44% (141 out of 251)

Industry: Electronics - Semiconductors

Better trading starts here.

Zacks News

Broadcom Inc. (AVGO) is a Great Momentum Stock: Should You Buy?

Does Broadcom Inc. (AVGO) have what it takes to be a top stock pick for momentum investors? Let's find out.

Imports Come in Lower Than Expected

Imports Come in Lower Than Expected.

Mark Vickery headshot

Imports, Exports Latest Econ Data to Shrink

Imports posted a big drop month over month: to -0.4% in May from +0.9% in April.

Company News for June 14, 2024

Companies in The News Are: TSLA, KFY, PLAY, AVGO

Wall Street Bulls Look Optimistic About Broadcom Inc. (AVGO): Should You Buy?

According to the average brokerage recommendation (ABR), one should invest in Broadcom Inc. (AVGO). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

Shaun Pruitt headshot

Time to Buy Broadcom's (AVGO) Stock After Strong Q2 Results?

Spiking over +15% in early morning trading, Broadcom's (AVGO) stock hit all-time highs today as AI helped the semiconductor titan post stellar growth for its fiscal second quarter.

Sweta Killa headshot

Broadcom Jumps on Q2 Earnings Beat: ETFs to Buy

Broadcom (AVGO) reported strong second-quarter fiscal 2024 results, topping both earnings and revenue estimates and offering an upbeat annual forecast driven by robust demand for AI products.

Broadcom (AVGO) Q2 Earnings Beat Estimates, Revenues Rise Y/Y

Broadcom's (AVGO) second-quarter fiscal 2024 results benefit from strong demand for networking and generative AI solutions.

Headline PPI Swings to a Negative

Headline PPI Swings to a Negative.

The Zacks Analyst Blog Highlights NVIDIA, Apple, Netflix and Broadcom

NVIDIA, Apple, Netflix and Broadcom are included in this Analyst Blog.

Zacks Earnings Trends Highlights: Meta, Nvidia, Oracle and Broadcom

Meta, Nvidia, Oracle and Broadcom have been highlighted in this Earnings Trends article.

Sheraz Mian headshot

What Will the Q2 Earnings Season Show?

The setup for the Q2 earnings season, whose early reports have started trickling in, is one of continued resilience coupled with a steadily improving outlook.

Sheraz Mian headshot

What Will the Q2 Earnings Season Show?

The setup for the Q2 earnings season, whose early reports have started trickling in, is one of continued resilience coupled with a steadily improving outlook.

Broadcom Inc. (AVGO) Q2 Earnings and Revenues Beat Estimates

Broadcom Inc. (AVGO) delivered earnings and revenue surprises of 1.58% and 3.71%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?

Texas Instruments (TXN) Aids Portfolio With DRV7308 Power Module

Texas Instruments (TXN) unveils DRV7308 gallium nitride (GaN) intelligent power module in a bid to expand its product portfolio.

Ritujay Ghosh headshot

AI Optimism Powers Nasdaq to Hit Fresh All-Time High: 5 Picks

Stocks like Alphabet Inc. (GOOGL), Netflix, Inc. (NFLX) and Broadcom Inc. (AVGO) are poised to gain from the ongoing Nasdaq rally.

The Zacks Analyst Blog Highlights Broadcom, Johnson & Johnson, Verizon, Taylor Devices and Frequency Electronics

Broadcom, Johnson & Johnson, Verizon, Taylor Devices and Frequency Electronics are included in this Analyst Blog.

Sheraz Mian headshot

Earnings Season Update and Analyst Reports for Broadcom, JNJ & Verizon

Today's Research Daily features an earnings season update and new research reports on Broadcom (AVGO), Johnson & Johnson (JNJ) and Verizon (VZ), as well as two micro-cap stocks Taylor Devices, Inc. (TAYD) and Frequency Electronics, Inc. (FEIM).

Aniruddha Ganguly headshot

Is Broadcom (AVGO) Stock Worth Buying Ahead of Q2 Earnings?

Broadcom's (AVGO) fiscal second-quarter 2024 results are likely to reflect the benefits of a strong AI portfolio and expanding clientele.

Pre-Markets Muted to Open Out Big Data Week

Pre-Markets Muted to Open Out Big Data Week.

Mark Vickery headshot

Quiet Day Ahead of Fed, Inflation This Week

Last month, we were greeted with a +3.4% Inflation Rate and +3.6% on core CPI year over year.

Subham Roy headshot

Does CrowdStrike's (CRWD) Strong Portfolio Make the Stock a Buy?

CrowdStrike's (CRWD) diversified portfolio, strong partner base and expanding clientele makes it a solid investment choice.

Sweta Killa headshot

5 Stocks Propelling S&P 500 to 25th Record High

The S&P 500 touches a record high for the 25th time this year, powered by technology stocks. We have highlighted five technology stocks, HPE, MRNA, AVGO, MU and LRCX, leading the way higher in the latest trading session.

Should Vanguard Mega Cap Value ETF (MGV) Be on Your Investing Radar?

Style Box ETF report for MGV

Broadcom Inc. (AVGO) Earnings Expected to Grow: Should You Buy?

Broadcom Inc. (AVGO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.