Want to Participate in the Broadcom Stock Split? Make Sure You Hold by July 11.
$Broadcom(AVGO.US$ On paper, the Broadcom stock split will occur on July 12. However, investors who wish to participate in the split must be a shareholder by July 11. Anyone holding AVGO stock as of the July 11 close will receive an additional nine shares for every one share held.
To clarify, participation in the stock split itself does not mean an increase in wealth. While shareholders will receive additional shares, because of the split, the amount of the pie owned will remain the same. However, the benefit of owning AVGO ahead of the move is the enhanced accessibility.
To clarify, participation in the stock split itself does not mean an increase in wealth. While shareholders will receive additional shares, because of the split, the amount of the pie owned will remain the same. However, the benefit of owning AVGO ahead of the move is the enhanced accessibility.
Essentially, people who missed the boat earlier have a chance at possible redemption. Fundamentally, analysts point to generative AI as a key catalyst for growth in the broader tech sector. According to research cited by Bloomberg, the underlying ecosystem could be worth $1.3 trillion by 2032.
Another factor supporting the case of AVGO stock is the forward projection. By the end of this fiscal year, analysts anticipate that EPS could hit $47.55 on revenue of $47.4 billion. In contrast, Broadcom posted EPS of $42.25 on sales of $35.82 billion last year.
Therefore, assuming the projections hold up, AVGO stock could be reasonably priced given the business expansion.
Another factor supporting the case of AVGO stock is the forward projection. By the end of this fiscal year, analysts anticipate that EPS could hit $47.55 on revenue of $47.4 billion. In contrast, Broadcom posted EPS of $42.25 on sales of $35.82 billion last year.
Therefore, assuming the projections hold up, AVGO stock could be reasonably priced given the business expansion.
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