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AVGO Jun 2024 520.000 call

OPR - OPR Delayed price. Currency in USD
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630.340.00 (0.00%)
As of 02:42PM EDT. Market open.
Full screen
Previous close630.34
Open630.34
Bid622.40
Ask636.20
Strike520.00
Expiry date2024-06-21
Day's range630.34 - 630.34
Contract rangeN/A
Volume1
Open interest12
  • Yahoo Finance Video

    Broadcom becoming 'second best story' in AI, behind Nvidia

    Broadcom (AVGO) shares are lifting off Thursday morning after reporting more-than-promising fiscal second-quarter earnings results, revenue of $12.49 billion ($12.06 billion expected) and adjusted earnings of $10.96 per share ($10.80 per share expected). The chip designer also announced a 10-for-1 stock split, which will begin trading publicly at its adjusted price starting Monday, July 15. Bernstein Managing Director and Senior Analyst Stacy Rasgon has raised his price target on Broadcom to $1,950 per share while maintaining an Outperform rating on the chip company. He tells The Morning Brief that Broadcom has "the second best AI story in the space" — second to Nvidia (NVDA) — while finding its core business to be "cyclically weak" as it transitions further into the AI realm. "If you go through the businesses, so their wireless business, it's mostly Apple. And for the stuff that they sell into Apple, they're mostly sole-sourced. It's RF [radio frequency] and connectivity," Rasgon breaks down the corners of tech Broadcom is concentrated in. "Same thing in like storage. Their market share is high in broadband. It's cable modems and set up their shares very high. In networking, just sort of traditional networking, it's switching and routing. It's mostly them and Marvell." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

  • Yahoo Finance Video

    Stocks digest PPI, Tesla vote, Broadcom earnings: 3 Things

    Stock futures (^DJI, ^IXIC, ^GSPC) appear to be in the green this morning in response to the Producer Price Index (PPI), compounded by yesterday's cooling inflation data in the Consumer Price Index (CPI) and the Federal Reserve's decision to hold interest rates. The results of a Tesla (TSLA) shareholder vote on CEO Elon Musk's pay package — currently valued at $46 billion based on the EV maker's stock price — will be Thursday afternoon at the company's annual shareholder meeting. Broadcom (AVGO) topped fiscal second-quarter earnings estimates, announcing a 10-for-1 stock split. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

  • Insider Monkey

    Is Broadcom Inc. (NASDAQ:AVGO) The Best Hardware Stock To Buy According To Goldman Sachs?

    We recently compiled the list of the 15 Best Hardware Stocks According To Goldman Sachs using the latest sentiment data. In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against the other hardware stocks. The soaring popularity of artificial intelligence for consumer and business applications has injected fresh […]