Professional
Added to YB: 2024-05-29
Pitch date: 2024-04-12
AVGO [bullish]
Broadcom Inc.
+152.09%
current return
Author Info
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Company Info
Broadcom Inc. designs, develops, and supplies various semiconductor devices and infrastructure software solutions worldwide.
Market Cap
$1.7T
Pitch Price
$134.80
Price Target
N/A
Dividend
0.72%
EV/EBITDA
51.49
P/E
75.46
EV/Sales
27.37
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)