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Added to YB: 2025-04-01

Pitch date: 2024-12-31

AVGO [neutral]

Broadcom Inc.

+77.51%

current return

Author Info

No bio for this author

Company Info

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

Market Cap

$2.0T

Pitch Price

$233.55

Price Target

N/A

Dividend

0.62%

EV/EBITDA

54.16

P/E

81.23

EV/Sales

29.66

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)