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Added to YB: 2025-04-01

Pitch date: 2024-12-31

AVGO [neutral]

Broadcom Inc.

+47.88%

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

$1.7T

Pitch Price

$232.85

Price Target

N/A

Dividend

0.73%

EV/EBITDA

33.00

P/E

45.33

EV/Sales

19.42

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)