Beginner's Guide to Trading Broadcom Stocks: Step-by-Step Instructions
Broadcom Company Overview
Broadcom Inc. is a global technology company, which designs, develops, and supplies semiconductors and infrastructure software solutions. It operates through the Semiconductor Solutions and Infrastructure Software segments. The Semiconductor Solutions segment refers to product lines and intellectual property licensing. The Infrastructure Software segment relates to mainframe, distributed and cyber security solutions, and the FC SAN business. The company was founded in 1961 and is headquartered in Palo Alto, CA.
How To Buy Broadcom Stocks & Shares
Step 1: Opening a Brokerage Account
To start trading stocks, the initial step is to acquire a brokerage account. When choosing an online stock brokerage, there are two critical factors to consider: brokerage offerings and a user-friendly platform. Moomoo app would be helpful.
Step 2: Deciding how many shares to buy
To gain initial experience, it's wise to paper trade using a stock market simulator. Alternatively, start with a small investment amount.
Step 3: Buying stocks using the right order type
To master stock buying, it's essential to understand three critical order types: market orders, limit orders, and stop orders.
Step 4: Placing the stock order with your brokerage
Broadcom's Stock Price Performance
Data as of: Aug 2, 2024
- Last 1 Month: -3.17%
- Last 6 Months: +20.83%
- Last 1 Year: +67.46%
- YTD: +32.53%
Institutional holdings of Broadcom stock?
Holder | Shares Held | Shares Held (%) | Change (Shares) | Change (%) |
|---|---|---|---|---|
| Capital Research | 651,055,610 | 13.99% | -47,538,830 | -1.02% |
| The Vanguard | 446,512,730 | 9.59% | 13,034,620 | +0.28% |
| BlackRock | 349,077,550 | 7.50% | 2,079,560 | +0.04% |
| State Street Global Advisors | 181,986,440 | 3.91% | -2,946,010 | -0.06% |
| Geode Capital Management, LLC | 95,246,090 | 2.05% | 1,645,470 | +0.04% |
| Norges Bank Investment Management | 55,775,920 | 1.20% | 0 | +0.00% |
| UBS Asset Management | 52,156,030 | 1.12% | -1,879,220 | -0.04% |
| FMR | 48,828,340 | 1.05% | 14,359,530 | +0.31% |
| Northern Trust Global Investments | 46,074,970 | 0.99% | -2,179,680 | -0.05% |
| J.P. Morgan Asset Management, Inc. | 44,542,970 | 0.96% | 5,850,630 | +0.12% |
The institutional holding data for Broadcom shows a divergence in investment behavior. Some major institutions like Capital Research and State Street Global Advisors are reducing their stakes, possibly indicating a cautious outlook on future market performance. Conversely, entities such as The Vanguard, BlackRock, and J.P. Morgan Asset Management are increasing their holdings, suggesting a positive view on Broadcom. Overall, this varied holding behavior might reflect differing market expectations and strategies towards Broadcom.
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