NASDAQ Composite Ponzi Scheme was 4800 in 2016 with much better fundamentals and better economy. How that Fraudulent NASDAQ Composite index got PUMPED from 4800 to 15000 in no time, Despite Collapsing Economy, Tanking Corporate Revenues, Record high corporate Loss, Record Number of Bankruptcies, Astronomical Record High Debt levels, increasing international competition for each $1 revenue, Skyrocketing Inflation, Spreading Pandemic, Political Polarization, Limited Real Resources and most importantly Insane Overvaluation in the US Stock Market?!!! Dow Jones Industrial Average (^DJI) was 17,000 in 2016, with better economic fundamentals and higher corporate earnings. However, thanks to the Collapsing Economy, Coronavirus Pandemic, Tanking Corporate revenues and earnings, Skyrocketing unemployment, Trade Wars, Record INFLATION levels, and Heavy Stock Dilutions, Dow Jones Industrial Average (^DJI) PONZI SCHEME has almost Doubled! S&P 500 (^GSPC) was at 1600.00 with better fundamentals and higher corporate earnings in 2016. Now it is sitting at ABSURD 4300.00 with TERRIBLE Fundamentals, Collapsing Economy, HEAVIER Corporate and National Debt and way lower corporate revenues and earnings! The World Economy is Collapsing, people are starving, but the US Government is too busy in printing money and PUMPING the Stock prices Artificially to make insiders trillionaire without working! ENJOY ABSURD COMPANY VALUATIONS, While the Economy is COLLAPSING and Corporate Revenues are TANKING! Enjoy Free Capital Gains in the US Stock Market while the Corporate Revenues are tanking and the Economy is Collapsing! US Stock Market is a “GET QUICK RICH” Scheme! The World Countries are refusing to accept the US Dollar as international reserve currency due to the HEAVY Dollar PRINTING! US Stocks are INSANELY OVERVALUED and OVERBOUGHT! US Stock Market is a MEGA PYRAMID SCHEME right now!!!
DESPITE Major financial Failures from the US Companies (Apple, Amazon, Intel, Honeywell, IBM, Snap Scam), the US Government continues to PUMP the US Stock Prices Artificially. NASDAQ Composite Ponzi Scheme was 4800 in 2016 with much better fundamentals and better economy. How that Fraudulent NASDAQ Composite index got PUMPED from 4800 to 15000 in no time, Despite Collapsing Economy, Tanking Corporate Revenues, Record high corporate Loss, Record Number of Bankruptcies, Astronomical Record High Debt levels, increasing international competition for each $1 revenue, Skyrocketing Inflation, Spreading Pandemic, Political Polarization, Limited Real Resources and most importantly Insane Overvaluation in the US Stock Market?!!! Dow Jones Industrial Average (^DJI) was 17,000 in 2016, with better economic fundamentals and higher corporate earnings. However, thanks to the Collapsing Economy, Coronavirus Pandemic, Tanking Corporate revenues and earnings, Skyrocketing unemployment, Trade Wars, Record INFLATION levels, and Heavy Stock Dilutions, Dow Jones Industrial Average (^DJI) PONZI SCHEME has almost Doubled! S&P 500 (^GSPC) was at 1600.00 with better fundamentals and higher corporate earnings in 2016. Now it is sitting at ABSURD 4300.00 with TERRIBLE Fundamentals, Collapsing Economy, HEAVIER Corporate and National Debt and way lower corporate revenues and earnings! The World Economy is Collapsing, people are starving, but the US Government is too busy in printing money and PUMPING the Stock prices Artificially to make insiders trillionaire without working! ENJOY ABSURD COMPANY VALUATIONS, While the Economy is COLLAPSING and Corporate Revenues are TANKING! Enjoy Free Capital Gains in the US Stock Market while the Corporate Revenues are tanking and the Economy is Collapsing! US Stock Market is a “GET QUICK RICH” Scheme! The World Countries are refusing to accept the US Dollar as international reserve currency due to the HEAVY Dollar PRINTING! US Stocks are INSANELY OVERVALUED and OVERBOUGHT! US Stock Market is a MEGA PYRAMID SCHEME right now!!!
VMW earnings was horrible. If $AVGO waited after it was announced they would have save at least $10B and up to $15B. I expect AVGO to renegotiate the deal for a lower price. If there was no AVGO deal, VMW stock would be down at least 30% today.
"VMware missed estimated earnings by 18.47%, reporting an EPS of $1.28 versus an estimate of $1.57. Revenue was up $94.00 million from the same period last year."
DO NOT BUY THE US STOCKS in this TULIP MANIA OVERVALUATION! The US Market will SOON COLLAPSE BIG TIME! The worst days are ahead! The US Government continues to PRINT DOLLARS, buying the US Stocks via infinite margin trading desks to PUMP the Prices artificially to giveaway trillions of dollars in the form of capital gains! Inflation is Skyrocketing, but the US Government continues to PRINT Dollars and PUMP the US Stock Prices Artificially, while the Economy is Collapsing, Corporate revenues are tanking, the Valuations are Hyped at Max, the real resources are getting depleted. The main problem is ABSURD OVERVALUATION! Nasdaq Composite and other Fraudulent US Stock indexes got PUMPED by 150-180% in the last 1.5 years ARTIFICIALLY via infinite margin trading desks! The US Stock PONZI SCHEME will NOT last long! Nasdaq Composite was at 4500 not long time ago, with better fundamentals, but now the US Government turned the stock market into a free and quick capital gains sources via infinite dollar printing! The Solution: the world must reject the US Dollar as international reserve and trading currency! Soon insanely Hyped US Stock prices will COLLAPSE BIG TIME! Expect a HEAVY CORRECTION!
The US Government continues to PRINT DOLLARS, buying the US Stocks via infinite margin trading desks to PUMP the Prices artificially to giveaway trillions of dollars in the form of capital gains! NASDAQ Composite Ponzi Scheme was 4800 in 2016 with much better fundamentals and better economy. How that Fraudulent NASDAQ Composite index got PUMPED from 4800 to 15000 in no time, Despite Collapsing Economy, Tanking Corporate Revenues, Record high corporate Loss, Record Number of Bankruptcies, Astronomical Record High Debt levels, increasing international competition for each $1 revenue, Skyrocketing Inflation, Spreading Pandemic, Political Polarization, Limited Real Resources and most importantly Insane Overvaluation in the US Stock Market?!!! Dow Jones Industrial Average (^DJI) was 17,000 in 2016, with better economic fundamentals and higher corporate earnings. However, thanks to the Collapsing Economy, Coronavirus Pandemic, Tanking Corporate revenues and earnings, Skyrocketing unemployment, Trade Wars, Record INFLATION levels, and Heavy Stock Dilutions, Dow Jones Industrial Average (^DJI) PONZI SCHEME has almost Doubled! S&P 500 (^GSPC) was at 1600.00 with better fundamentals and higher corporate earnings in 2016. Now it is sitting at ABSURD 4300.00 with TERRIBLE Fundamentals, Collapsing Economy, HEAVIER Corporate and National Debt and way lower corporate revenues and earnings! The World Economy is Collapsing, people are starving, but the US Government is too busy in printing money and PUMPING the Stock prices Artificially to make insiders trillionaire without working! ENJOY ABSURD COMPANY VALUATIONS, While the Economy is COLLAPSING and Corporate Revenues are TANKING! Enjoy Free Capital Gains in the US Stock Market while the Corporate Revenues are tanking and the Economy is Collapsing! US Stock Market is a “GET QUICK RICH” Scheme! The World Countries are refusing to accept the US Dollar as international reserve currency due to the HEAVY Dollar PRINTING! US Stocks are INSANELY OVERVALUED and OVERBOUGHT! US Stock Market is a MEGA PYRAMID SCHEME right now!!!
$AVGO in advanced talks to buy $VMW. This sets the stage for $NTNX to get acquired at a much higher multiple than currently the case at about 2,5x EV/Sales. Even Cloudera was taken private for about 5.5x last year with mid single digit top-line growth.
$AVGO has nearly $40 Billion in debt, probably not a great idea to be taking over another company right now with so much uncertainty in tech sector outlook and when we haven't even gone into recession yet
Rumor is $50B cash and stock offer from $AVGO ... this will close near that valuation by closing. Today's huge volume says it all ... VMW unfortunately has only 2.5M shares shorted. They all likely covered today.
H
Broadcom, $AVGO, is a TOP PICK for any investor’s portfolio both Growth & Income (fast rising dividend). Broadcom has a policy to pay out 50% of their free cash flow to investors in the form of dividends. I absolutely love this dividend policy. As a result, the dividend growth of $AVGO has been steadily higher — and I expect another dividend raise to be announced in December of 2020. For both Growth & Income, I highly recommend BUYING & HOLD $AVGO for the NEXT DECADE —> because of the Strong Recurring Income in the Enterprise Software Sector and a Leader in Semiconductors — the CORE COMPONENTS of the Technology Gold Rush Mega Trend. Broadcom has multiple product lines spread out across multiple industries worldwide! ... For these reasons, $AVGO is an “Anchor Holding” for any Growth & Income (fast rising dividend) Portfolio.
H
⭐️ STRONG BUY on BROADCOM $AVGO 👍 —> $591.00 Price Target ✅ on the Point & Figure (P&F) Chart Technical Indicator. The P&F Chart is widely used by Professional Money Managers on Wall Street. The BROADCOM $AVGO Dividend Policy is to pay out 50% of Free Cash Flow as Dividends. For a retiree who wants to beat inflation, $AVGO should be a Top Pick in any investment portfolio seeking both growth and income (fast rising dividends). Full Disclosure: I currently own shares of $AVGO🚀📈🦅🙌 ... This message is for informational purposes only. I am not an investment advisor. Do your own due diligence research before buying or selling anything.
H
If I had just one stock that I could own, then it would be $AVGO. I love it! ... $AVGO is a fast growing stock that pays out a generous dividend too. And, the management raises the dividend every year. And, today, I will receive this year’s quarterly dividend with an 11% increase! The management policy is to pay out 50% of the Free Cash Flow in the form of dividends. Very generous policy! Last Quarter, $AVGO returned to “double digit” percentage growth of both revenues & earnings. And, the forecast ahead for the First Quarter is for 13% Growth YoY, all “organic” growth — per CEO Hock Tan. After having listened to Conference Calls during the past several years, I can say emphatically that this management team is straight forward & honest — and delivers for investors. INVEST & HOLD $AVGO ... This stock is a “must own” for any investor’s portfolio seeking both growth & income (a rising income to beat inflation).
The entire semiconductor sector appears to be under fire from so called "analysts" that are actually jack-of-all-trades but masters of NONE. Their archaic thinking in traditional cyclical rotations of the semiconductor industry is forcing stocks prices lower. Even when most chip and equipment companies are crushing earnings, are producing at max capacity, increasing prices, and raising guidance. Global demand would be high regardless of any shortage. 5G, AI, EV, crypto, data centers, cloud tech, gaming, eSports were already ensuring this growth and demand. Now add the new infrastructure spending and the global "arms race" that's taking place. We are in the beginning of a super cycle like never seen, likely lasting many years. Semiconductors are the new #1 global resource....the new oil. (Fabless) companies like $NVDA, $AMD, $MRVL, $AVGO, $QCOM design the most advanced and sought after semiconductors in the world. (Fab-owning) companies like $TSM, $TXN, $ADI, $QRVO manufacture the chips. Companies like $AMAT, $ASML, $LRCX, $KLAC, $UCTT, $ICHR make all the equipment and materials used by those chip manufacturers. High tide raises all boats! .....and many of these companies are already currently undervalued. GLTA
H
OPPENHEIMER RAISES BROADCOM $AVGO PRICE TARGET from $500 to $575 and REITERATES OUTPERFORM RATING
BROADCOM’s WIRELESS SERVICE to DRIVE POTENTIAL UPSIDE in FISCAL Q1, Q2 OPPENHEIMER SAYS
Broadcom's (AVGO) wireless service likely will drive the potential upside in fiscal Q1 and fiscal Q2 given customer demand for broadband as work from home setups rise, Oppenheimer said Thursday.
Oppenheimer increased its fiscal Q1 EPS estimate to $6.60 from $6.56 and its fiscal Q2 EPS estimate to $6.26 from $6.19. Those figures compare with consensus EPS of $6.56 and $6.23 in fiscal Q1 and fiscal Q2, respectively.
"[Management's] established record of accretive M&A, consistent execution, and commitment to maximizing [free cash flow] growth/return to keep us bullish," analysts said in a note to clients. "We are long-term buyers here."
The company's leadership has put a no-cancel policy in place to deter double ordering amid limited supply, which is expected to continue in the first half of the year, according to the analysts.
Oppenheimer also sees full-year 2021 growth in the company's cloud and 5G segements. It adjusted its price target on the stock to $575 from $500 and reiterate its outperform rating.
The company is expected to report its fiscal Q1 financial results on March 4.
H
BROADCOM, $AVGO, given a $825.44 Price Target —> Point & Figure (P&F) Technical Chart Analysis (Dynamic Setting). The P&F is widely used by Wall Street Professional Money Managers. HUGE UPSIDE for both Dividend Growth & Share Price Growth —> INVEST & HOLD $AVGO !!!
Yahoo有權移除任何不符 規範 或 服務條款(包括粗俗或鼓勵犯法)之留言。
$AVGO
$QCOM
$WIMI
How that Fraudulent NASDAQ Composite index got PUMPED from 4800 to 15000 in no time, Despite Collapsing Economy, Tanking Corporate Revenues, Record high corporate Loss, Record Number of Bankruptcies, Astronomical Record High Debt levels, increasing international competition for each $1 revenue, Skyrocketing Inflation, Spreading Pandemic, Political Polarization, Limited Real Resources and most importantly Insane Overvaluation in the US Stock Market?!!!
Dow Jones Industrial Average (^DJI) was 17,000 in 2016, with better economic fundamentals and higher corporate earnings. However, thanks to the Collapsing Economy, Coronavirus Pandemic, Tanking Corporate revenues and earnings, Skyrocketing unemployment, Trade Wars, Record INFLATION levels, and Heavy Stock Dilutions, Dow Jones Industrial Average (^DJI) PONZI SCHEME has almost Doubled!
S&P 500 (^GSPC) was at 1600.00 with better fundamentals and higher corporate earnings in 2016. Now it is sitting at ABSURD 4300.00 with TERRIBLE Fundamentals, Collapsing Economy, HEAVIER Corporate and National Debt and way lower corporate revenues and earnings!
The World Economy is Collapsing, people are starving, but the US Government is too busy in printing money and PUMPING the Stock prices Artificially to make insiders trillionaire without working!
ENJOY ABSURD COMPANY VALUATIONS, While the Economy is COLLAPSING and Corporate Revenues are TANKING!
Enjoy Free Capital Gains in the US Stock Market while the Corporate Revenues are tanking and the Economy is Collapsing! US Stock Market is a “GET QUICK RICH” Scheme!
The World Countries are refusing to accept the US Dollar as international reserve currency due to the HEAVY Dollar PRINTING!
US Stocks are INSANELY OVERVALUED and OVERBOUGHT! US Stock Market is a MEGA PYRAMID SCHEME right now!!!
$AMD $NVDA $AMZN $AAPL $SQ $SHOP $SNAP $TWLO $CRM $ROKU $ADBE $DB $BAC $JPM $MS $GS $TWTR $TSLA $IBM $INTC $MSFT $GOOG $LMT $BA $TXN $NXPI $LRCX $NKE $DIS $EBAY $X $MA $V $S $T $F $GM $NFLX $CSCO $CAT $MMM $SBUX $TGT $WMT $ATVI $EA $TTWO $MCD $AVGO $JNJ $BIDU $BZUN $BABA $MU $AMAT $QCOM $WFC $BBBY $PFE $GE $WDC $BLK $KO $UA $ABBV $GILD $BB $ORCL $RH $KEM $IQ $GRPN $PYPL $MA $MOMO $JD $WBA $CVS $FB $W $BBY $SKX $FL $EFX $ETSY $W $UNH $SAP $GPRO $KHC $DPZ $PEP $LYFT $UBER $BYND $ZM $OLED $XOM $CVX $DAL $UAL $AAL $LUV $SAVE $AXP $SPCE $NCLH $CCL $NKLA $NIO $XPEV
https://www.businessinsider.com/national-debt-problem-of-free-money-stimulus-checks-covid-relief-2021-1?r=DE&IR=T
NASDAQ Composite Ponzi Scheme was 4800 in 2016 with much better fundamentals and better economy.
How that Fraudulent NASDAQ Composite index got PUMPED from 4800 to 15000 in no time, Despite Collapsing Economy, Tanking Corporate Revenues, Record high corporate Loss, Record Number of Bankruptcies, Astronomical Record High Debt levels, increasing international competition for each $1 revenue, Skyrocketing Inflation, Spreading Pandemic, Political Polarization, Limited Real Resources and most importantly Insane Overvaluation in the US Stock Market?!!!
Dow Jones Industrial Average (^DJI) was 17,000 in 2016, with better economic fundamentals and higher corporate earnings. However, thanks to the Collapsing Economy, Coronavirus Pandemic, Tanking Corporate revenues and earnings, Skyrocketing unemployment, Trade Wars, Record INFLATION levels, and Heavy Stock Dilutions, Dow Jones Industrial Average (^DJI) PONZI SCHEME has almost Doubled!
S&P 500 (^GSPC) was at 1600.00 with better fundamentals and higher corporate earnings in 2016. Now it is sitting at ABSURD 4300.00 with TERRIBLE Fundamentals, Collapsing Economy, HEAVIER Corporate and National Debt and way lower corporate revenues and earnings!
The World Economy is Collapsing, people are starving, but the US Government is too busy in printing money and PUMPING the Stock prices Artificially to make insiders trillionaire without working!
ENJOY ABSURD COMPANY VALUATIONS, While the Economy is COLLAPSING and Corporate Revenues are TANKING!
Enjoy Free Capital Gains in the US Stock Market while the Corporate Revenues are tanking and the Economy is Collapsing! US Stock Market is a “GET QUICK RICH” Scheme!
The World Countries are refusing to accept the US Dollar as international reserve currency due to the HEAVY Dollar PRINTING!
US Stocks are INSANELY OVERVALUED and OVERBOUGHT! US Stock Market is a MEGA PYRAMID SCHEME right now!!!
$AMD $NVDA $AMZN $AAPL $SQ $SHOP $SNAP $TWLO $CRM $ROKU $ADBE $DB $BAC $JPM $MS $GS $TWTR $TSLA $IBM $INTC $MSFT $GOOG $LMT $BA $TXN $NXPI $LRCX $NKE $DIS $EBAY $X $MA $V $S $T $F $GM $NFLX $CSCO $CAT $MMM $SBUX $TGT $WMT $ATVI $EA $TTWO $MCD $AVGO $JNJ $BIDU $BZUN $BABA $MU $AMAT $QCOM $WFC $BBBY $PFE $GE $WDC $BLK $KO $UA $ABBV $GILD $BB $ORCL $RH $KEM $IQ $GRPN $PYPL $MA $MOMO $JD $WBA $CVS $FB $W $BBY $SKX $FL $EFX $ETSY $W $UNH $SAP $GPRO $KHC $DPZ $PEP $LYFT $UBER $BYND $ZM $OLED $XOM $CVX $DAL $UAL $AAL $LUV $SAVE $AXP $SPCE $NCLH $CCL $NKLA $NIO $XPEV
"VMware missed estimated earnings by 18.47%, reporting an EPS of $1.28 versus an estimate of $1.57.
Revenue was up $94.00 million from the same period last year."
The US Government continues to PRINT DOLLARS, buying the US Stocks via infinite margin trading desks to PUMP the Prices artificially to giveaway trillions of dollars in the form of capital gains!
Inflation is Skyrocketing, but the US Government continues to PRINT Dollars and PUMP the US Stock Prices Artificially, while the Economy is Collapsing, Corporate revenues are tanking, the Valuations are Hyped at Max, the real resources are getting depleted.
The main problem is ABSURD OVERVALUATION! Nasdaq Composite and other Fraudulent US Stock indexes got PUMPED by 150-180% in the last 1.5 years ARTIFICIALLY via infinite margin trading desks! The US Stock PONZI SCHEME will NOT last long! Nasdaq Composite was at 4500 not long time ago, with better fundamentals, but now the US Government turned the stock market into a free and quick capital gains sources via infinite dollar printing!
The Solution: the world must reject the US Dollar as international reserve and trading currency!
Soon insanely Hyped US Stock prices will COLLAPSE BIG TIME! Expect a HEAVY CORRECTION!
$AMD $NVDA $AMZN $AAPL $SQ $SHOP $SNAP $TWLO $CRM $ROKU $ADBE $DB $BAC $JPM $MS $GS $TWTR $TSLA $IBM $INTC $MSFT $GOOG $LMT $BA $TXN $NXPI $LRCX $NKE $DIS $EBAY $X $MA $V $S $T $F $GM $NFLX $CSCO $CAT $MMM $SBUX $TGT $WMT $ATVI $EA $TTWO $MCD $AVGO $JNJ $BIDU $BZUN $BABA $MU $AMAT $QCOM $WFC $BBBY $PFE $GE $WDC $BLK $KO $UA $ABBV $GILD $BB $ORCL $RH $KEM $IQ $GRPN $PYPL $MA $MOMO $JD $WBA $CVS $FB $W $BBY $SKX $FL $EFX $ETSY $W $UNH $SAP $GPRO $KHC $DPZ $PEP $LYFT $UBER $BYND $ZM $OLED $XOM $CVX $DAL $UAL $AAL $LUV $SAVE $AXP $SPCE $NCLH $CCL $NKLA $NIO
NASDAQ Composite Ponzi Scheme was 4800 in 2016 with much better fundamentals and better economy.
How that Fraudulent NASDAQ Composite index got PUMPED from 4800 to 15000 in no time, Despite Collapsing Economy, Tanking Corporate Revenues, Record high corporate Loss, Record Number of Bankruptcies, Astronomical Record High Debt levels, increasing international competition for each $1 revenue, Skyrocketing Inflation, Spreading Pandemic, Political Polarization, Limited Real Resources and most importantly Insane Overvaluation in the US Stock Market?!!!
Dow Jones Industrial Average (^DJI) was 17,000 in 2016, with better economic fundamentals and higher corporate earnings. However, thanks to the Collapsing Economy, Coronavirus Pandemic, Tanking Corporate revenues and earnings, Skyrocketing unemployment, Trade Wars, Record INFLATION levels, and Heavy Stock Dilutions, Dow Jones Industrial Average (^DJI) PONZI SCHEME has almost Doubled!
S&P 500 (^GSPC) was at 1600.00 with better fundamentals and higher corporate earnings in 2016. Now it is sitting at ABSURD 4300.00 with TERRIBLE Fundamentals, Collapsing Economy, HEAVIER Corporate and National Debt and way lower corporate revenues and earnings!
The World Economy is Collapsing, people are starving, but the US Government is too busy in printing money and PUMPING the Stock prices Artificially to make insiders trillionaire without working!
ENJOY ABSURD COMPANY VALUATIONS, While the Economy is COLLAPSING and Corporate Revenues are TANKING!
Enjoy Free Capital Gains in the US Stock Market while the Corporate Revenues are tanking and the Economy is Collapsing! US Stock Market is a “GET QUICK RICH” Scheme!
The World Countries are refusing to accept the US Dollar as international reserve currency due to the HEAVY Dollar PRINTING!
US Stocks are INSANELY OVERVALUED and OVERBOUGHT! US Stock Market is a MEGA PYRAMID SCHEME right now!!!
$AMD $NVDA $AMZN $AAPL $SQ $SHOP $SNAP $TWLO $CRM $ROKU $ADBE $DB $BAC $JPM $MS $GS $TWTR $TSLA $IBM $INTC $MSFT $GOOG $LMT $BA $TXN $NXPI $LRCX $NKE $DIS $EBAY $X $MA $V $S $T $F $GM $NFLX $CSCO $CAT $MMM $SBUX $TGT $WMT $ATVI $EA $TTWO $MCD $AVGO $JNJ $BIDU $BZUN $BABA $MU $AMAT $QCOM $WFC $BBBY $PFE $GE $WDC $BLK $KO $UA $ABBV $GILD $BB $ORCL $RH $KEM $IQ $GRPN $PYPL $MA $MOMO $JD $WBA $CVS $FB $W $BBY $SKX $FL $EFX $ETSY $W $UNH $SAP $GPRO $KHC $DPZ $PEP $LYFT $UBER $BYND $ZM $OLED $XOM $CVX $DAL $UAL $AAL $LUV $SAVE $AXP $SPCE $NCLH $CCL $NKLA $NIO $XPEV
(Fabless) companies like $NVDA, $AMD, $MRVL, $AVGO, $QCOM design the most advanced and sought after semiconductors in the world. (Fab-owning) companies like $TSM, $TXN, $ADI, $QRVO manufacture the chips. Companies like $AMAT, $ASML, $LRCX, $KLAC, $UCTT, $ICHR make all the equipment and materials used by those chip manufacturers. High tide raises all boats! .....and many of these companies are already currently undervalued. GLTA
BROADCOM’s WIRELESS SERVICE to DRIVE POTENTIAL UPSIDE in FISCAL Q1, Q2 OPPENHEIMER SAYS
Broadcom's (AVGO) wireless service likely will drive the potential upside in fiscal Q1 and fiscal Q2 given customer demand for broadband as work from home setups rise, Oppenheimer said Thursday.
Oppenheimer increased its fiscal Q1 EPS estimate to $6.60 from $6.56 and its fiscal Q2 EPS estimate to $6.26 from $6.19. Those figures compare with consensus EPS of $6.56 and $6.23 in fiscal Q1 and fiscal Q2, respectively.
"[Management's] established record of accretive M&A, consistent execution, and commitment to maximizing [free cash flow] growth/return to keep us bullish," analysts said in a note to clients. "We are long-term buyers here."
The company's leadership has put a no-cancel policy in place to deter double ordering amid limited supply, which is expected to continue in the first half of the year, according to the analysts.
Oppenheimer also sees full-year 2021 growth in the company's cloud and 5G segements. It adjusted its price target on the stock to $575 from $500 and reiterate its outperform rating.
The company is expected to report its fiscal Q1 financial results on March 4.