Broadcom Inc. (AVGO) Stock Forecasts

Summary

Broadcom is the world’s sixth-largest semiconductor company and has expanded into several software businesses, with annual revenues of more than $30 billion. It sells 17 core semiconductor product lines to the wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer, but does some manufacturing in-house, such as for its best-in-class FBAR filters sold in the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments. Broadcom is the product