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Broadcom's 10-for-1 stock split: Is it time to jump in?
$Broadcom (AVGO.US)$ is set for a 10-for-1 stock split after the markets close on July 12, with the split shares set to begin trading before Show More
$Broadcom (AVGO.US)$ is set for a 10-for-1 stock split after the markets close on July 12, with the split shares set to begin trading before the market opens on July 15. Currently trading above $1,700, the stock has surged 205% since the beginning of 2023, driven by robust demand from the AI sector.

AVGO saw a 43% revenue boost in the recent quarter and projects a 42% full-year increase from last year. Analyst Vivek Arya reaffirms a 'buy' rating on Broadcom, optimistic about its outlook post-split, and ups his price target to $2,150. Historically, stock splits are viewed positively, making shares more investor-friendly by reducing individual prices.

🎤Discussion
1. Is Broadcom's stock split a bullish signal for investors?
2. Given Broadcom's stock split, how will you adjust your investment strategies?
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