AVGO Oct 2024 105.000 put
| Previous close | 0.0200 |
| Open | 0.0200 |
| Bid | 0.0000 |
| Ask | 0.0100 |
| Strike | 105.00 |
| Expiry date | 2024-10-18 |
| Day's range | 0.0200 - 0.0200 |
| Contract range | N/A |
| Volume | |
| Open interest | 478 |
Insider MonkeyIs Broadcom Inc. (AVGO) the Best Safe Stock To Invest In For The Long Term in 2024?
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Broadcom Inc. (AVGO) to Showcase Cutting-Edge AI Infrastructure Solutions at 2024 OCP Summit, Including Tomahawk 5 and Jericho3-AI Ethernet Switches
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This chip company has a 'multi-year $100-$125bn AI opportunity': BofA
In a note Friday, Bank of America analysts highlighted Broadcom (NASDAQ:AVGO)'s promising position in the AI space, projecting a significant long-term opportunity. During a meeting with Broadcom’s CEO Hock Tan, CFO Kirsten Spears, and IR head Ji Yoo, BofA reaffirmed its Buy rating on the stock and raised its price target to $215, citing a “multi-year $100-$125bn AI opportunity.” According to the BofA report, Broadcom’s AI opportunity is growing rapidly, with AI-related revenues expected to make up $12 billion or 24% of the company’s sales in FY24.
