AVGO Nov 2024 1660.000 put
| Previous close | 122.20 |
| Open | 133.93 |
| Bid | 110.80 |
| Ask | 119.80 |
| Strike | 1,660.00 |
| Expiry date | 2024-11-15 |
| Day's range | 119.30 - 133.93 |
| Contract range | N/A |
| Volume | |
| Open interest | 8 |
- Investing.com
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.
Insider MonkeyDoes Broadcom (AVGO) Have a Long Runway For Growth?
ClearBridge Investments, an investment management company, released its “ClearBridge Large Cap Value Strategy” third quarter 2024 investor letter. A copy of the letter can be downloaded here. The third quarter experienced significant gains for U.S. equities, which recovered from a fear of slowing economic growth that had driven several asset markets into correction territory. A […]
Insider MonkeyBroadcom Inc. (AVGO) Launches First Merchant Silicon 50G PON Devices with Embedded AI Capabilities, Enhancing Broadband Performance
We recently compiled a list of the 35 AI News You Should Not Miss. In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against the other AI stocks you should not miss. The AI industry is constantly evolving and investors are keeping a close eye on investments, advancements in […]
