Reported 12 months ago
Broadcom's share price has seen significant growth, prompting a 10-for-1 stock split after July 12, 2024, to make ownership more accessible. The potential for increased stock price post-split, recent acquisitions like VMware, and a strong position in the AI market are compelling reasons to invest in Broadcom. However, challenges such as reliance on a few key clients, weak revenue streams in some sectors, and potential competition in the AI sector should be considered. While some believe in buying before the split for long-term gains, others suggest a more cautious approach.
Source: YAHOO