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Added to YB: 2024-05-29

Pitch date: 2024-04-12

AVGO [bullish]

Broadcom Inc.

+167.02%

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

$2.0T

Pitch Price

$134.80

Price Target

N/A

Dividend

0.57%

EV/EBITDA

60.85

P/E

106.08

EV/Sales

33.44

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)