Broadcom is trading relatively low and the dividend yield is up there! From my research, this is a company that is a bit of a risky investment, but could pay off greatly in the future. Check out some analytics:
Pros: High dividend yield, Greater future earnings growth than the market and the industry, high future return on equity, and future payout ratio of about 58%
Cons: High P/E ratio, PEG ratio of 1.1, high level of debt in relation to cash and short term investments, and a Payout ratio of 185%
Broadcom Inc. is an American designer, developer, manufacturer and global supplier of a wide range of semiconductor and infrastructure software products, Broadcom's product portfolio serves the data center, networking, software, broadband, wireless, and storage and industrial markets.
Tan Hock Eng is the company's president and CEO. The company is headquartered in San Jose, California. Avago took the Broadcom part of the Broadcom Corporation name after acquiring it in January 2016. The ticker symbol AVGO that represented old Avago now represents the new merged entity. The Broadcom Corporation ticker symbol BRCM was retired.
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DISCLAIMER: I am not a professional and this is not investment advice. This is merely my opinion and I am not responsible for your decisions. Do your own research, make your own decisions, and realize your capital is at risk! Thank you for the continued support!