<- Go home

Added to YB: 2025-04-01

Pitch date: 2024-12-31

AVGO [neutral]

Broadcom Inc.

+44.92%

current return

Author Info

No bio for this author

Company Info

Broadcom Inc. designs, develops, and supplies various semiconductor devices and infrastructure software solutions worldwide.

Market Cap

$1.7T

Pitch Price

$234.49

Price Target

N/A

Dividend

0.72%

EV/EBITDA

51.49

P/E

75.46

EV/Sales

27.37

Sector

Semiconductors and Semiconductor Equipment

Category

growth

Show full summary:
Renaissance Investment Management Large Cap Growth Strategy Portfolio Holding: Broadcom Inc.

AVGO (holding update): Strong Q results, optimistic outlook driven by AI chipset dominance. Benefits from leading position in data centers & cloud infrastructure. Margin expansion & improved visibility as software revenue mix increases post-VMWare acquisition. Solid growth trends in key markets.

Read full article (1 min)