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Kritika Sarmah

Is Broadcom (AVGO) a Software Stock Buy for October?

AVGO Kritika SarmahHer Broadcom Inc Google Cloud Semiconductor Symantec

Broadcom Inc.’s (AVGO) third-quarter EPS and revenue edged past Wall Street's expectations. Segment-wise, AVGO’s semiconductor solutions accounted for 78% of total net revenue, amounting to $6.94 billion, while infrastructure software contributed 22%, totaling $1.94 billion in the recent quarter.

So, I think the stock is a solid buy this month for the reasons discussed throughout this article.

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