Is Broadcom publicly traded?
In 1998, Broadcom became a public company on the NASDAQ exchange (ticker symbol: BRCM) and employs about 11,750 people worldwide in more than 15 countries.
What company owns Broadcom?
Broadcom IncBroadcom Corporation / Parent organizationBroadcom Inc. is an American designer, developer, manufacturer and global supplier of a wide range of semiconductor and infrastructure software products. Broadcom’s product offerings serve the data center, networking, software, broadband, wireless, and storage and industrial markets. Wikipedia
What sector is AVGO in?
The company operates in two segments, Semiconductor Solutions and Infrastructure Software.
When did Broadcom IPO?
Apr. 17, 1998
Broadcom IPO to debut – Apr. 17, 1998.
Is Broadcom a Fortune 100 company?
RANK121. The global technology company, which develops semiconductor and infrastructure software, moved up 17 spots in the rankings this year.
What is the breakdown of Broadcom?
In its financial reporting, Broadcom breaks its business into four major segments: wired infrastructure, wireless communications, enterprise storage, and industrial and other.
Does Broadcom own Symantec?
It was later restructured and on November 4, 2019, Symantec’s enterprise security business was acquired by Broadcom, while its consumer business remained a public company called NortonLifeLock. [21] This spells the end of Symantec as a security behemoth.
Is Broadcom overvalued?
Broadcom has a good growth history, especially supported by acquisitions. Even though it has diversified its product portfolio and is exposed to several secular growth trends, its growth prospects aren’t impressive. Its shares are currently overvalued, based on relative and absolute basis, so this is a stock to avoid.
Is Broadcom a good long term investment?
Broadcom’s past return on equity clocks in at 26%, much higher than the tech sector at large. AVGO’s reasonable valuation, strong financial results, and growing dividend make it a good long-term stock to buy.