The Latest Breaking News from AVGO

Broadcom (NASDAQ:AVGO) has outperformed the market over the past 5 years by 9.26% on an annualized basis producing an average annual return of 23.15%. Currently, Broadcom has a market capitalization of $253.20 billion.

A whale with a lot of money to spend has taken a noticeably bearish stance on Broadcom. Looking at options history for Broadcom (NASDAQ:AVGO) we detected 32 strange trades.

Someone with a lot of money to spend has taken a bearish stance on Broadcom (NASDAQ:AVGO). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The demand for semiconductor chips has skyrocketed over the past two years thanks to its growing application across various industries, benefiting popular chip stocks NVIDIA (NVDA) and Broadcom (AVGO). But, which of the stocks is a better buy now? Read on to find out.

  Over the past three months, shares of Broadcom (NASDAQ:AVGO) moved lower by 5.38%. Before we understand the importance of debt, let us look at how much debt Broadcom has.

A whale with a lot of money to spend has taken a noticeably bullish stance on Broadcom. Looking at options history for Broadcom (NASDAQ:AVGO) we detected 34 strange trades.

Futures fell while crude oil prices skyrocketed on Russia oil embargo risks. The stock market rally is nearing February lows as Russia's Ukraine invasion continues.

Analysts have provided the following ratings for Broadcom (NASDAQ:AVGO) within the last quarter:

Analysts boosted their price targets on Broadcom Inc (NASDAQ:AVGO) post Q1 FY22 results. Baird analyst Tristan Gerra raised the price target on Broadcom from $690 to $700 (21% upside) and kept an Outperform.  The analyst said strong demand continues and will likely accelerate year-over-year this quarter, driven by enterprise IT, hyper-scale and cloud, switches upgrades…