Twitter
Link your Twitter Account to Market Wire News
When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
AVGOP - Broadcom's Free Cash Flow Conversion Is Phenomenal
June, 15 2022 05:27 AM
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock Series A
I rate Broadcom as a buy because of the reasonable valuation, strong free cash flow generation, and shareholder-friendly management. It has a high free cash flow conversion and uses that to pay a high dividend. It currently yields a 3.17% dividend and repurchases shares quickly. The VMware deal looks accretive to the company. It comes with the usual acquisition risks, like increased debt and high cost-cut expectations. Broadcom successfully continues its path as a serial acquirer. Hock Tan successfully build a wide semiconductor and enterprise software company. For further details see:
Broadcom's Free Cash Flow Conversion Is Phenomenal
Stock Information
Company Name:
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock Series A
Stock Symbol:
AVGOP
Market:
OTC
Website:
broadcom.com
Get AVGOP Alerts
News, Short Squeeze, Breakout and More Instantly...
Market Wire News is a media platform, the information on this page was provided by SeekingAlpha via Quote Media. Read our full disclaimer .