Professional
Added to YB: 2024-05-29
Pitch date: 2024-04-12
AVGO [bullish]
Broadcom Inc.
+148.25%
current return
Author Info
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Company Info
Broadcom Inc. designs, develops, and supplies various semiconductor devices and infrastructure software solutions internationally.
Market Cap
$1.6T
Pitch Price
$134.54
Price Target
N/A
Dividend
0.78%
EV/EBITDA
46.37
P/E
69.92
EV/Sales
25.54
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Show full summary:
Parnassus Core Equity Fund New Position: Broadcom Inc.
AVGO: Leading semi co. benefiting from AI adoption. Pullback offers chance to own biz generating durable growth & cash flow. Strong in AI accelerators, VMware acq, and expected upturn in non-AI chip biz are LT growth drivers likely to push stock higher.
Read full article (1 min)