New Highs for Semi! Is Broadcom Next Nvidia?

Broadcom continued to jump after earnings and split news, closing above $1800 on Monday. Following in Nvidia's footsteps, Broadcom plans a 10-for-1 stock split after the market close on July 12. Besides Broadcom, TSMC, AMAT, MU, QCOM, and other semiconductor companies are also hitting new highs. ------------- Would you buy Broadcom before or after the stock split? Which semi stock do you hold or bullish? What's your target price for AVGO? Is it next Nvidia?

$Broadcom(AVGO)$ Broadcom's Soaring Stock: A Mix of AI, Financials, and Strategic Moves Broadcom's (AVGO) share price has been on a tear recently, reaching new highs in June 2024. Several factors are contributing to this positive momentum for the semiconductor giant. Financial Strength Takes Center Stage The most immediate driver appears to be Broadcom's robust financial performance. The company's first-quarter results for fiscal year 2024 surpassed analyst expectations, demonstrating healthy revenue and earnings growth. This strong financial showing instilled confidence in investors regarding Broadcom's future prospects. Riding the AI Wave Beyond its current performance, Broadcom's strategic focus on the booming Artificial Intelligence (AI) secto
I closed $ARM 20240621 137.0 PUT$  ,ARM is my new fav now as the IV is higher than Tesla, giving me higher premium income with a relatively higher margin of safety (eg larger buffer before it hits the Put exercise price)
I will buy before the spilt. My guess will be $200. It will be another NVIDIA 
avatarAI_Dig
06-21

Earnings Digest | Can AI help Accenture regain its glory?

Yesterday, $Accenture PLC(ACN)$ , the world's largest management consulting firm, released its third-quarter results of fiscal 2024 , covering the period ending May 31st, and its stock price soared 7.29%!RevenueIn terms of revenue, Accenture's FY24Q3 revenue was $16.47 billion, down 0.6% year-on-year:But based on management's guidance, the next quarter's revenue is expected to be between $160.5 billion and $166.5 billion, beating analysts' estimates of $164.3 billion, representing a 2.8% growth. Looks like Accenture's fundamentals are turning a corner!In addition, their new order bookings are amazing! FY24Q3 saw $210.6 billion in new orders, a whopping 22.1% increase year-on-year, the highest in six quarters! This indicates that Accenture's future
Earnings Digest | Can AI help Accenture regain its glory?

AdamKhoo:New Highs are actually a bullish and not a bearish signal

The $S&P 500(.SPX)$ hit a new all-time-high of 5,500 yesterday. That is the index's 31st time it has hit a new all-time-high in 2024! Increasing, more and more experts are coming on TV to say that the market will crash soon. Is the market hitting a new high a bearish signal? History says no. Since 1950, the $S&P 500(.SPX)$ Has Set 1,250 All-Time Highs along the path to its current level. That’s an average of 16 All-time-highs a year If you break it down by decades, the 1990s had 300 all time highs made. This decade was one of the most bullish, with the S&P 500 gaining +312%. The 2000's had only 13 all time highs. The 2000's was one of the most bearish decades, which saw the dot com crash and G
AdamKhoo:New Highs are actually a bullish and not a bearish signal
Buy the dip⬇️ Will go back up soon[Anger]  
Buy buy buy all the way
avatarBB Lsy
06-19
Hmm ... Shall we still buy it ?

Can Broadcom Replicate NVIDIA's Stock Split Success?

The stock split announcement drove $NVIDIA Corp(NVDA)$ 's share price up 27%, breaking through the $3 trillion mark and making it one of the big three in the U.S. stock market. Clearly, investors are still pumped about the concept of stock splits!On June 12th, $Broadcom(AVGO)$ , another chip giant, announced a 1-for-10 stock split along with stellar financial results, set to take effect on July 15th. This sparked a buying frenzy, and in just two days, its stock price soared 16%.All in on Broadcom Baird's Tristan Gerra kept his "Outperform" (Buy) rating and hiked the target price to $1,950 from $1,500, a 12% jump from last Friday's close. Deutsche Bank's Ross Seymore maintained his "Buy" rating and upped h
Can Broadcom Replicate NVIDIA's Stock Split Success?

Jueeien Timmer's Midyear Market Outlook: Room to run

Jurrien Timer is the director of global macro in Fidelity's Global Asset Allocation Division, specializing in global macro strategy and active asset allocation. He joined Fidelity in 1995 as a technical research analyst.Key takeawaysWhile the current bull market is aging, and may be in its seventh inning, I believe it still has some room to run and that investors still have time on their side.So far, this year has closely tracked a historical pattern of strong returns in the fourth year of a presidential cycle.Rising earnings and the Fed's easing bias may also provide support for the market in the face of the headwinds of high inflation and rates.I believe the coming years could bring an end to the current bull super cycle—which might mean a transition from above-average to below-average r
Jueeien Timmer's Midyear Market Outlook: Room to run

How can you miss the communication stock in the AI era

Since May 6 times the bull shares, although not directly involved in AI, but the improvement of communication technology is also the basis for the development of AI, but also another "selling shovels".It is $AST SpaceMobile, Inc.(ASTS)$ the industry pioneer in leading satellite communications.Recent highlights $AT&T Inc(T)$ vs $Alphabet(GOOG)$ $Alphabet(GOOGL)$ have both participated. $Verizon(VZ)$ is also involved. $Vodafone Group PLC(VOD)$ has been involved ( Early investors).It is highly likely that $FirstNET has been involved (check
How can you miss the communication stock in the AI era

A news from 2001

Cisco replaces Microsoft as world's most valuable companyREUTERSSAN FRANCISCO, MARCH 25: Cisco Systems Inc, the biggest maker of equipment that powers the Internet, on Friday closed with a higher stock market value than Microsoft Corp, making it the most valuable company in the world.Cisco ended the day with a market capitalisation of $ 579.2 billion (around Rs 25,25,312 crore), slightly ahead of Microsoft's $ 578.2 billion (around Rs 25,20,952 crore). Shares of Cisco closed up 1-9/16 at a record 79-3/8 while Microsoft eased 3/16 to 111-11/16. Both stocks trade on the Nasdaq.Cisco stock has continued to climb steadily through the year, gaining one-third in value. Shares of computer software giant Microsoft -- which topped the market cap chart for a long time -- have languished amid concern
A news from 2001

What else benefits from AI boom? (GS's list)

With the broader market at record highs, tech stocks rocketing, and $NVDA over $Microsoft (MSFT)$. and $Microsoft (MSFT)$ and $Apple (AAPL)$. span> As it becomes the No. 1 company by market capitalization, investors may also be tapping into other AI-related companies that benefit greatly.$Goldman Sachs (GS)$ made a list of stocks that are artificial intelligence while Gain List of Stocks.According to them, during the "revenue-enabled phase" of AI adoption trading, AI stocks have performed +8% relative to
What else benefits from AI boom? (GS's list)
avatarIykyk
06-19
But etf to tap into the wave
Here's an example of a diagonal spread for $Broadcom(AVGO)$ : - Buy a call option with a strike price of $1830, expiring on July 19, 2024 (cost: $10,520) - Sell a call option with a strike price of $1920, expiring on June 21, 2024 (receive $1,438) If the sold call option expires worthless, the investor will receive a profit of $1,438, which is approximately 13.7% of the cost of the long call option. The investor can sell the call option every week, potentially reducing the cost of the long call option. The diagonal spread strategy provides an additional source of income and reduces the overall cost of the strategy, making it a low-cost way to buy call options. I
$Broadcom(AVGO)$ stock surged 5.4% to a record high, with a market value surpassing Eli Lilly. Investors are optimistic due to Broadcom's role in the AI era. To reduce risk, a diagonal spread strategy is proposed, involving buying and selling options with different strike prices and expiration dates. This strategy provides an additional income source and reduces overall cost. Investors can adjust the strategy to control risk.

Trace High or Quit and Wait? I left so much money left on table[Cry]

Yesterday, I sold out $Marathon Digital Holdings Inc(MARA)$ , $Apple(AAPL)$ & $Micron Technology(MU)$ calls early, i feel regret, will find time to purchase back.The $Broadcom(AVGO)$ is so strong, may be we should not fear the all time high, we can hold it until it split before July 15th.I also bought $NVIDIA Corp(NVDA)$ call, but may sell out soon.I still hold $Tesla Motors(TSLA)$ $SUPER MICRO COMPUTER INC(SMCI)$ $Palo Alto Networks(PANW)$
Trace High or Quit and Wait? I left so much money left on table[Cry]

Hold Stocks Firmly? One Indicator -VIX- Worth an Analysis!

The U.S. stock market $S&P 500(.SPX)$ $Invesco QQQ(QQQ)$ hit a new high for the 30th time, and the bull market is expected to continue into next year. Do we need to continue to hold stocks firmly? One indicator worth a look>> $Cboe Volatility Index(VIX)$ The $Cboe Volatility Index(VIX)$ index fell below 12 last month—such a trajectory has only occurred a few times since the index was established in 1990.When we see such levels, the market is quiet. But we should not misinterpret this as "calm before the storm." In fact, individual stocks may start to outperform the market from here.To prove this point, I looked at
Hold Stocks Firmly? One Indicator -VIX- Worth an Analysis!

Bullish right now with the FED's commentary, I like MU

Bullish right now with the commentary: $E-mini S&P 500 - main 2409(ESmain)$ $SPDR S&P 500 ETF Trust(SPY)$ Michael's Trade Idea: For $Micron Technology(MU)$ I like this one now since the price is above $150. I like July 5 $170 calls for $3.50 OR you can do a riskier one like June 28 for $170-$175 calls.Screenshort from Monday's Trading
Bullish right now with the FED's commentary, I like MU

Five reasons why Nvidia is NOT a bubble stock!

The US stock market, especially tech stocks, are always prone to bubbles. Some people say $NVIDIA Corp(NVDA)$ 's stock has all the makings of a bubble: a whopping 206% surge in the past 12 months and a sky-high static P/E ratio of 77.1. But let me tell you, this AI stock is actually undervalued! Yes, you heard me. And the reason behind this isn't some gimmick. It's AI, the core driver. NVIDIA's growth story is just getting started, and AI is going to revolutionize the world.So, here are five key reasons why NVIDIA's stock price will continue to soar in the coming years:First off, people still don't realize the true power and disruptive force of AI. Wait till Apple integrates AI into its ecosystem and Amazon makes Alexa even smarter. When consumers
Five reasons why Nvidia is NOT a bubble stock!