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Anyone know anything about Broadcom stock. Please advise

It has shot upwards over the past 1-2 years along with the other AI-focused stocks. They seem to be somewhat diversified in terms of semiconductors and other products they make, though. They grow their dividend well too, from what I have seen/experienced. EPS growth is lower than last year, but they've been beating the consensus earnings projections for the past year too, so make of that what you will.

My average cost basis/share is about $570, and currently trades at ~$1400. I occasionally read some random write mention the possibility of a split, but so far nothing concrete. I'd be lying if I said I hadn't considered cashing out my gains, but I'll likely hold onto it for the long haul.
 
DFV / Roaring Kitty will be worth upwards of $800 million at market open tomorrow. Crazy.

He’s not breaking any laws, but government agencies will continue attacking him.

“the 2021 GameStop short squeeze would result in several hedge funds and some institutional investors experiencing significant financial difficulty”

The established Wall Street crooks routinely collude and manipulate to steal from common investors but this guy is an easy target. I’ll be disappointed in Morgan Stanley if they kick him off of the E*Trade platform.
 
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Just created a position in Broadcom stock yesterday in my portfolio. Here's to hoping it continues to climb. Has a strong buy rating.
 
Wow, how things change. I first opened an account with a local stockbroker around 1986-87. I think the fee to trade 100 shares was around $100.
Along came the internet, and now we can trade for no fee or at least only a fee pennies.
 
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10-1 happened after the Friday close. Might be the first split I’ve had any interest in in decades. I’ll be watching which direction it goes this coming week. Plus NVDA is battling AAPL for the 2nd largest market cap.

How many trillion dollar market caps will there be in a couple of years?
 
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GME stock is wild to watch. The company literally effs over it's investors every opportunity they can by issuing more stock. They have a failing business plan, as roughly 90% of new console games are only available digitally. And yet people keep investing in it.

Absolutely crazy.
 
GME stock is wild to watch. The company literally effs over it's investors every opportunity they can by issuing more stock. They have a failing business plan, as roughly 90% of new console games are only available digitally. And yet people keep investing in it.

Absolutely crazy.

They’ve got the capital to transform their business model. But that’s a rare event. Netflix did it. Circuit City eventually did well with CarMax. But I doubt that GME has the management that can do anything other than bleed away the cash as they benefit from the periodic meme surges. They’re more like a Blockbuster.
 
1) MSFT
2) AAPL
2) NVDA
4) GOOG
5) AMZN
6) Saudi Aramco
7) Meta/FB

Under $1 trillion:
8) BRK
9) TSMC
10) Lilly
11) Broadcom
12) Novo Nordisk
13) JP Morgan-Chase
14) Visa
15) TSLA
16) WMT
17) XOM
Think Lilly will go past Meta/FB, TSMC, and BRK. Probably Novo Nordisk will move by them as well.

I can't ever gauge the energy players like Saudi Aramco. Too much artificial pricing in that business.

 
GME diluting again, lol. $2 billion offering.

It’s almost becoming like a SPAC or a shell company. The store revenue has to be struggling. I hope that they have a plan on how to use the capital. Maybe pickup some real estate or pay off debt. Otherwise it’s pretty much flat out stealing from those buying shares right now. I also hope for the current retail shareholders that there’s good corporate governance to prevent management from enriching themselves while doing very little to justify it.
 

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