Broadcom: Buying Opportunity In A Growth Dividend Stock

Broadcom Corp. (BRCM) is an excellent combination of value and growth dividend stock. Broadcom will benefit from its decision to explore strategic alternatives for its cellular baseband business, including a potential sale or wind-down. Broadcom has compelling valuation metrics and strong earnings growth prospects; its PEG ratio of 0.76 is remarkably low, one of the lowest among S&P 500 tech stocks. Furthermore, BRCM's stock is ranked fourth among all S&P 500 tech stocks according to Portfolio123's "Balanced4" powerful ranking system. in my opinion, BRCM's stock has plenty of room to move up. The Company Broadcom is a global leader and innovator in semiconductor solutions for wired and wireless communications. Broadcom's products seamlessly deliver voice, video, data and multimedia connectivity in the home, office and mobile environments. The company was founded in 1991 and is headquartered in Irvine, California. Source: Broadcom at a Glance Valuation Metrics The table... Read more

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