How To Earn $500 A Month From Broadcom Stock Following Recent Rally
Portfolio Pulse from Avi Kapoor
Broadcom Inc (NASDAQ:AVGO) shares dipped after reaching an all-time high, following mixed Q4 results and positive FY24 revenue guidance. The company raised its dividend and is advancing in AI, partnering with Google and Comcast. Investors can earn $500 monthly from dividends with an investment of approximately $317,569, equating to 286 shares. Dividend yields fluctuate with stock price and dividend changes. AVGO's stock fell 2.6% to close at $1,110.38 on Wednesday.
December 21, 2023 | 1:46 pm
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Broadcom's mixed Q4 results and raised dividend, along with its AI advancements and partnerships, may attract investors despite the recent stock price dip.
The positive revenue guidance and dividend increase are likely to be seen as bullish signals by investors, potentially offsetting the impact of the recent stock price dip. The company's involvement in AI and partnerships with major companies could also be viewed positively, suggesting potential for growth.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100