"Broadcom investors get both a powerful dividend stock and a high-octane growth story, all rolled into one ticker" - Nicholas Rossolillo, The Motley Fool “Through a mixture of strategic acquisitions and its own research efforts, Broadcom has become a market-defining name in [5G wireless networking, connected cars, and industrial automation], and then some,” he noted. © 2021 Verizon Media. That potential, though, is huge. The advancements in 5G networks and AI have also fueled heightened demand for these chips. Consequently, prominent players such as Taiwan Semiconductor (TSM), ASML Holding (ASML), Texas Instruments (TXN), and Broadcom (AVGO) should continue performing well. The company reported strong fiscal fourth-quarter revenue and earnings growth. It's going to make our devices even more powerful and create significant wealth for many companies. Broadcom has developed a complete 5G switching portfolio that includes six devices: Monterey, ... we’ll look at Broadcom’s stock valuation and whether it’s … Adjusted net income increased 5.7% to almost $10.0 billion, or $22.16 per share. Announces Fourth Quarter and Fiscal Year 2020 Financial Results and Quarterly Dividends,” Broadcom Inc, December 10, 2020.). The commercialization of 5G might lead to a big surge in the stock prices of 5G stocks. Subscribe to Premium to view Fair Value for AVGO, Samsung Galaxy S21 Ultra delivers unprecedented multi-gigabit, low-latency Wi-Fi leveraging the 6 GHz bandSAN JOSE, Calif., Jan. 14, 2021 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ: AVGO) today announced that the BCM4389 chip enables the world’s first Wi-Fi 6E phone, the Samsung Galaxy S21 Ultra. The chip also has a unique multi-radio Bluetooth 5 architecture that supports a premium audio experience with Samsung Galaxy Buds Pro, and Tri-Band Simultaneous (TBS) connectivity that improves Wi-Fi and Bluetooth performance and battery utilization. “Broadcom’s chipset, among the first Wi-Fi 6E certified devices in our interoperability test bed, that powers Samsung’s Wi-Fi 6E smartphone demonstrates the industry’s rapid momentum to deliver Wi-Fi 6E benefits securely and reliably to Wi-Fi users.”PRODUCT HIGHLIGHTSThe BCM4389 is a smartphone Wi-Fi 6E / Bluetooth 5 combo chip. You can find the company’s chips in a wide variety of applications that connect us, including 5G, data centers, cybersecurity, payment security, edge computing, networking, software, broadband, wireless, artificial intelligence, and storage. Broadcom Inc.(Nasdaq:AVGO): 5G is the next big thing, and it's arriving in a couple of months. Broadcom stock has a 328.21 buy point from a flat base. Suffice it to say, Broadcom has rewarded buy-and-hold investors with market-trouncing capital appreciation. Wi-Fi 6E, the latest generation of Wi-Fi, delivers multi-gigabit speeds and millisecond latencies by operating in the 6 GHz band. Broadcom will sell $15 billion of wireless components to Apple, it announced in an SEC filing on Thursday. Some, however, are indeed suitable as income investments, and Broadcom and Intel belong to that group. In terms of reliability, the 5G WiFi chips also offers enhanced consistency by providing a channel bandwidth of more than 80 MHz which is significantly more bandwidth than you would get with an 802.11n chip. Credit Card is NOT required. “Smartphones are both high data-rate and relatively ubiquitous devices that generally rely on Wi-Fi connectivity indoors, and their shift to using the 6 GHz band will have substantial impact on the performance of those devices and the networks they are on.”“Wi-Fi Alliance members have mobilized around Wi-Fi 6E in ways we’ve never seen, recognizing the tremendous latency and performance benefits devices can deliver to Wi-Fi users,” said Edgar Figueroa, president and CEO of Wi-Fi Alliance. This Triple-Gainer 5G Stock Next to Be Bought Out for Big Dollars. Broadcom Inc: 5G Giant in Record Territory Off Strong Q4 Results By John Whitefoot, BA Published : January 4, 2021 Broadcom Stock Rallies 36% in 2020, But 2021 More Bullish With this, growth in the semiconductor space is expected to continue in 2021. Broadcom’s 5G WiFi chip can reach much faster speeds through the use of three streams of specified 802.11ac which work together to achieve speeds which are in excess of 1 Gbps. Finland's Nokia Oyj said on Monday it had partnered with Broadcom to develop chips for 5G equipment in its third such deal following ones with Intel and Marvell. 3 Stocks To Watch Amid Cybersecurity Rally, Discover new investment ideas by accessing unbiased, in-depth investment research, NasdaqGS - NasdaqGS Real Time Price. Broadcom is one of the largest semiconductor companies in the world, and analyst Vivek Arya says the stock is among the biggest 5G winners in the mobile semiconductor space. Continued WFH trends, global 5G deployments, Wi-Fi 6, and Wi … This is FREE from Profit Confidential. https://www.profitconfidential.com/wp-content/uploads/2020/12/PC-article_Jan-4-2021_t20_b63lXX-300x213.jpg, Broadcom Inc., Company Overview, December 2020, Broadcom Inc. CFRA notes growth drivers in routing platforms, custom cloud solutions, and RF content gains from 5G phone launches. I expect Broadcom’s stock price to grow at least 30% next year, and I would be shocked if it ends 2021 below $450 per share. From the start of 2013 until the close of 2019, Broadcom’s share price expanded at a compound annual growth rate (CAGR) of 41.5%. Qualcomm and Broadcom Stock Have Nearby Support Jim Cramer has identified a 5G wireless bull market. On December 10, Broadcom Inc announced that its revenue for the fourth quarter of fiscal 2020, ended November 1, increased 12% year-over-year to $6.5 billion. It also builds on the success of Broadcom’s Wi-Fi 6 solutions, and instantly benefits from the ecosystem of 400 million Wi-Fi 6 Broadcom-enabled phones, PC, tablets, routers, enterprise access points, and carrier gateways around the world. With Q1 revenue expected to climb 13%, it appears 2021 could be even stronger. Much of the future growth will be based on the organic potential of the company. “Back in 2019, our partnership in launching Wi-Fi 6 in Samsung Galaxy S10 kick-started a technology transition that has resulted in around half-a-billion Wi-Fi 6 devices in the world today. 5G stocks have surged over the past year, but that doesn’t mean there aren’t still good long-term buys in the space right now. All of this bodes well for Broadcom stock investors in 2021. Broadcom stock reported solid gains in 2020, and there is much more to come in 2021. Home » Stocks » Broadcom Stock » Broadcom Inc: 5G Giant in Record Territory Off Strong Q4 Results, John Whitefoot, BA Management hiked its quarterly dividend by 11% to $3.60 per share and said it expects first-quarter 2021 revenue to climb 13%. “Our joint dedication to a market-leading technology has evolved to now include Wi-Fi 6E on the Samsung Galaxy S21 Ultra, and enables an unrivalled connectivity experience for Galaxy users to share and consume content with confidence.”“We are honored to have collaborated with Samsung to enable the world’s first Wi-Fi 6E phone,” said Vijay Nagarajan, vice president of marketing for the Wireless Communications and Connectivity Division at Broadcom. The group's products include power amplifiers, radio-frequency filters, encoders, optocouplers, fiber-optic transmitters and receivers, etc. ...when you opt-in for our daily e-letter, Profit Confidential and the special offers that come with it! During fiscal 2020, Broadcom generated $11.6 billion in free cash flow from operations, compared to $9.3 billion in fiscal 2019. And, while Intel’s more than 16% stock-price drop on Friday was sobering to most semiconductor investors, Broadcom, which is a significant manufacturer of 5G wireless chips and other accessories for next-generation smartphones, should benefit from a steady increase in demand for its wireless solutions (About 75% of AVGO’s sales are derived from smartphones). (Source: “Broadcom Inc., Company Overview, December 2020,” Broadcom Inc, last accessed December 22, 2020.). Hock Tan, chief executive officer of Broadcom Stock Resilient. 5G elevates our communication to an entirely new dimension. 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Qualcomm may not be the best 5G stock to buy for investors simply basing their analysis on price targets and current prices alone. “We are truly excited about this partnership with Broadcom in bringing a seamless and secure connected experience to our Galaxy users,” said JM Choi, VP & Head of Convergence Development Group, Mobile Communications Business at Samsung Electronics. AVGO, AMT, CCI, and CHTR are the best-positioned stocks to benefit. You can unsubscribe at any time. Today, this partnership has made the Samsung Galaxy S21 Ultra a showcase for the immersive possibilities with Wi-Fi 6E, and a harbinger for the technological disruptions that await us with Wi-Fi in the 6 GHz band.”“As the 6 GHz band continues to open up in countries across the world and as the 5 GHz band becomes increasingly crowded in many areas, the time to include Wi-Fi 6E in devices is now,” said Phil Solis, research director at IDC. Other trademarks are the property of their respective owners.Press Contact: Khanh Lam Corporate Communications press.relations@broadcom.com Telephone: +1 408 433 8649. Broadcom's (NASDAQ:AVGO) stock has tripled over the past five years as the wireless chipmaker once known as Avago aggressively expanded through big acquisitions. Broadcom, for its part, said last week that it would make the US a global leader in 5G and that it would create a $1.5 billion fund to train and educate engineers here. Broadcom Inc (NASDAQ:AVGO) is an industry giant with a market cap of $175.8 billion. Announces Fourth Quarter and Fiscal Year 2020 Financial Results and Quarterly Dividends. It is also in the first wave of devices certified by the Wi-Fi Alliance for Wi-Fi 6E operation. Despite the challenging environment and economic uncertainties, Broadcom Inc was able to report strong fourth-quarter revenue growth and record profitability. Ericsson also holds 5G patents and expects to collect $5 in royalties from manufacturers that sell 5G smartphones. 5G also augurs well for tech firms, as they can launch new AI applications to solve real-life problems. Instead, investors rely on them for consistent, reliable gains. The BCM4389 was the world’s first Wi-Fi chip authorized by the FCC to operate in the 6 GHz band. And it has soared an eyewatering 177% since bottoming in March. It looks like 2021 will be just as beneficial for Broadcom investors. No part of this document may be used or reproduced in any manner or means, including print, electronic, mechanical, or by any information storage and retrieval system whatsoever, without written permission from the copyright holder. ... and new 5G … At 23,000, Broadcom has one of the industry’s biggest patent portfolios. It reported robust fourth-quarter revenue growth and record profitability, hiking its dividend by 11% to $3.60 per share. Our infrastructure software segment continued to be stable and delivered solid results. U.S. President Donald Trump has blocked microchip maker Broadcom Ltd's $117 billion takeover of rival Qualcomm amid concerns that it … Fourth-quarter net income increased 65% year-over-year to a record $1.3 billion, or $2.93 per share. But it also provides investors with strong dividend growth. Broadcom Inc is a diversified, global company that develops and manufactures semiconductor and infrastructure software products. The term "Broadcom" refers to Broadcom Inc., and/or its subsidiaries. For more information, go to www.broadcom.com.Broadcom, the pulse logo, and Connecting everything are among the trademarks of Broadcom. Key features include: * Seven Wi-Fi and Bluetooth radios * Support for 2 streams of Wi-Fi 6E * Multi-Radio Bluetooth 5 with antenna beamforming * Tri-Band Simultaneous (TBS) architecture including a dedicated background scan radio for Wi-Fi and Bluetooth * Simultaneous dual-band operation * 2.63 Gbps PHY rate * Operation in 2.4 GHz and 5.1-7.125 GHz unlicensed bands * 160 MHz channel bandwidth * 1024-QAM modulation * OFDMA * MU-MIMO For more information on Broadcom BCM4389, please visit https://www.broadcom.com/products/wireless/wireless-lan-bluetooth/bcm4389About Broadcom Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops and supplies a broad range of semiconductor and infrastructure software solutions. Broadcom Inc. specializes in designing, developing, and selling analog components and sub-systems, with mixed and optoelectronic signals. From that perspective, QCOM stock doesn’t look stellar. Full-year revenue increased six percent year-over-year to $23.8 billion, while net income was up 8.6% at $2.9 billion, or $6.33 per share. 5G network provides $3 … This expansion creates seven additional 160 MHz channels for the BCM4389, unlocking the value of Wi-Fi 6E for remote work, education, telemedicine, and gaming. Street Underestimating AVGO's Booming 5G Wireless Tech Business . (Source: “Broadcom Inc. Marijuana Stocks in 2021: Do Canadian Pot Stocks Still Have Upside? Our solutions include data center networking and storage, enterprise, mainframe and cyber security software focused on automation, monitoring and security, smartphone components, telecoms and factory automation. Find the latest Broadcom Inc. (AVGO) stock quote, history, news and other vital information to help you with your stock trading and investing. https://www.profitconfidential.com/stock/broadcom-stock/broadcom-inc-5g-stock-record-territory-strong-q4-results/, Broadcom Inc: 5G Giant in Record Territory Off Strong Q4 Results. Categories Growth Stocks , Stocks Tags 5g stocks , 5g stocks to buy , best 5g stocks Post navigation Broadcom’s size has limited its ability to move the needle with acquisitions. Flat bases are one of the few reliable patterns that quality stocks form before they make substantial price advances. Adjusted earnings net income was up 19% at $2.9 billion, or $6.35 per share. Tan added, “Our first quarter revenue outlook, which projects continued overall strength, is expected to show 13 percent year over year growth, all organic.”. Its multi-radio Bluetooth 5 architecture creates robust links to audio headsets even in heavily congested locations like subway stations. The company’s cash and cash equivalents at the end of the fourth fiscal quarter were $7.6 billion, compared to $8.8 billion at the end of the prior quarter. With 5G Upgrade, This Dividend Stock Is Sending a Clear Signal We look at several internet-related names and see solid dividends ahead for Broadcom. The chip delivers multi-gigabit Wi-Fi 6 performance in the existing 5 GHz band with 160 MHz capabilities. Countries, including the United States and South Korea, have tripled the available Wi-Fi spectrum by opening up 1.2 GHz of spectrum in the 6 GHz band for unlicensed use. The Broadcom Analysts: BofA Securities analyst Vivek Arya reiterated a … Broadcom is also benefiting from the 5G revolution, though perhaps because its business is more diversified than Marvell and Qualcomm, its stock didn't rise quite as much. You don’t expect this kind of stock to make massive gains. As of this writing, Broadcom stock is up 33.8% year-over-year and 36.3% year-to-date. And they’ve been able to do just that when it comes to Broadcom. Wall Street legend Whitney Tilson says there's a huge new tech trend coming – and he's giving away his top pick for free right here. Though the stock has regained momentum after that, currently it is trading down 24% from last year’s levels. ERIC stock is already catching the 5G wave. The BCM4389 combines the benefits of the sixth generation of Wi-Fi with the pristine 6 GHz band to power the Galaxy S21 Ultra with Wi-Fi speeds over 2 Gbps. All rights reserved. © Copyright 2021: Lombardi Publishing Corporation. All rights reserved. These environments drive Broadcom’s development of enterprise 5G Wi-Fi network solutions. Broadcom’s category-leading product portfolio serves critical markets including data center, networking, enterprise software, broadband, wireless, storage and industrial. Broadcom shares got a lift on Thursday from Piper Sandler chip analyst Harsh Kumar, who reiterated his Overweight rating on the stock while raising his target price by 11% to $500. With the introduction of the first Apple (NASDAQ:AAPL) 5G iPhone this fall, and telecom operators touting the benefits of their new high-speed services, 5G has become a technology buzzword as the calendar flips from 2020 to 2021. Massive Shift in Marijuana Stocks, with Potential to See 100% Gains in 2021, What You Need to Know about Marijuana Stocks in 2021 in Order to Profit, 3 Top Green Energy Stocks Under Biden's Environmental Push, Logitech International SA: Tech Stock Soaring After Reaching Major Milestone. By BRUCE KAMICH Oct 29, 2020 | 09:44 AM EDT. At the beginning of the month, Broadcom’s shares climbed to an all-time high of $377.34 but retreated in the run-up to the earnings announcement. Hock Tan, Broadcom’s president and CEO, said the following: We concluded the year with strong fourth quarter results driven by continued demand for networking from cloud and for broadband from service providers as well as the significant ramp in wireless, even as enterprise demand remained soft. During the fourth quarter, Broadcom generated $3.2 billion in free cash flow from operations, compared to $2.4 billion in the same period in the previous year. It’s up 33% so far in 2020. In spite of the coronavirus pandemic, AVGO stock has continued to outperform the broader market. It's not often you find a growing stock levered to 5G, data centers, and other communications trends trading at just 15.8 times forward earnings with a … Read Full Bio. Another chipmaker that’s commonly named as a 5G stock is Broadcom. Strong dividend growth the best-positioned stocks to benefit in designing, developing, and Connecting are... 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