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Added to YB: 2024-05-29

Pitch date: 2024-04-12

AVGO [bullish]

Broadcom Inc.

+134.2%

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

$1.5T

Pitch Price

$134.26

Price Target

N/A

Dividend

0.83%

EV/EBITDA

41.21

P/E

61.30

EV/Sales

22.57

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)