|Day Low/High||359.03 / 365.00|
|52 Wk Low/High||155.67 / 378.96|
Will there be enough money to buy the industrials and banks without disrupting the tech rally?
AVGO has already enjoyed the breakout created by the cup-with-handle pattern earlier this year, and the one created by the basing pattern over the summer.
Plus, reading tea leaves in the recent action in Apple and Salesforce.com.
Traders and investors could stay long, and here's why.
Firms should be using their high stock price to grab other businesses to expand, so they're ready when things return to normal.
The delayed arrival of CPUs relying on Intel's 7nm manufacturing process node stands to make things easier for AMD in 2022 -- and perhaps longer.
Investors often have to choose between growth and income stocks. This name provides a mix of both qualities.
While some growth stocks have been bid up to extreme valuations, others could look intriguing if markets see a meaningful downturn.
Are equity markets still in a confirmed uptrend? It depends on which index you look at.
A planned infrastructure bill reportedly includes some funds for 5G and rural broadband spending, while another bill seeks to boost U.S. chip manufacturing capex.
Chip companies are still signaling that notebook and cloud server demand remain strong, but often have more cautious remarks to share about auto and industrial demand.
We recommend trading AVGO from the long side even with the recent sharp gains.
The administration will provide increased financial support to 5 pharmas working on Covid vaccines, and we must keep an eye on price action in this uncertain market.
Let's hope that the violence subsides, the valid voices of peaceful protesters are heard, and the lack of social distancing protocols does not lead to a resurgence in the spread of the virus.
Brains per share. Hearts Per Share. I've been around long enough to be that positive. I like these companies and more importantly, I like their stocks.
With each passing year, the amount of silicon being designed by hardware makers and cloud giants keeps growing.
Assuming AVGO trades sideways for a bit, traders could use that consolidation to go long.
Several U.S. companies could benefit as Wuhan and the rest of China appear to open for business.
Rate cuts and other Fed actions are motivating some tech companies to raise funds or refinance existing debt.
It's a paradigm shift that all started with Zoom and Cisco's Webex.
Stimulus efforts could give a boost to 5G infrastructure spending, and usage spikes for many online services could drive higher cloud capex.
As we head into the last hour of trading today, let's take a look at which companies are slated to report their quarterly results after the close and their consensus EPS expectations: Adobe : $2.24 Broadcom : $5.36 DocuSign : $0.05 Gap : $0.41 Orac...
KeyBanc is out with comments that Apple's "iPhone sell-through was adversely impacted by supply issues due to the coronavirus, particularly on the Pro/Mac models and by lower foot traffic in outbreak areas." I hate to say it but that's kinda old new...
What came first? The chicken or the egg? The bear market or the pandemic? I don't care much for labels.