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Added to YB: 2025-04-01

Pitch date: 2024-12-31

AVGO [neutral]

Broadcom Inc.

+42.71%

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

$1.6T

Pitch Price

$234.04

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:
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)