AVGO Stock Forecast for 2022: Broadcom Inc. Is a Growth Stock Looking at Sustain Dividends

December 28, 2021
Opher Joseph This AVGO Stock Forecast article was written by Opher Joseph – Financial Analyst, I Know First.

Summary:

  • The stock is trading close to its 52-week high of $ 674.28 and there is good reason for optimism that it will attain new highs given its strong financials and positive business outlook.
  • Broadcom is amongst other 3 companies that are touted to join the current list of 6 companies to reach the $ 1 trillion market capitalization by 2035.
  • The company has announced that it will buy back $10 billion worth of shares from its shareholders in 2022.
  • The current Price to Book ratio is 11.16, which is considerably below its competitors' pricing.

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Stock Market Forecast Based on Artificial Intelligence for 2022

December 23, 2021

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December 2, 2021

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The Israeli FinTech Workshop

November 8, 2021

We are proud to inform you that I Know First is invited to the Israeli FinTech – Capital Markets & Customer Experience Solutions workshop, organized by the Canada Israel Chamber of Commerce in cooperation with EquiTech, on November 9, 2021.

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S&P 500 Stocks: AI Beats S&P 500 by 26.25% with an Accuracy of 95%

September 27, 2021

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Facebook Stock Forecast: Why Facebook Deserves A Price Target of $430

August 3, 2021

motek 1The Facebook stock forecast was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary

  • Facebook’s stock price is +55% since my May 24, 2020, bullish recommendation for it. I am again endorsing it as a buy. FB is much cheaper than TWTR and AMZN.
  • The impressive Q2 2021 beat convinced me Facebook’s stock deserves a price target of $430. This is slightly higher than TipRanks’ average PT of $416.07.
  • Q2 revenue was $29.07 billion (+55.5% Y/Y), beats by $1.1 billion. Q2 EPS was $3.61 (+100.6% Y/Y), beats by $0.61. The operating margin was 43%, higher than Wall Street’s expectation of 37.6%.
  • Cheap 5G smartphones and accelerated 5G network deployments are long-term catalysts for Facebook.
  • Facebook Video is now giving YouTube stiff competition in the $70 billion global online video advertising industry.

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Micron Stock Forecast: Windows 11 And Chia Crypto Miners Are Tailwinds For Micron

August 2, 2021

motek 1The Micron stock forecast was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary

  • In spite of the 3-month price slide of -12.18%, Micron’s stock is still +46.7% since my July 28, 2020 buy recommendation.
  • Work-from-home and learn-from-home are still the new normal. More infectious variants of COVID-19 renew the pandemic tailwind for Micron.
  • Nascent Chia cryptocurrency mining is a very promising tailwind for Micron.
  • Windows 11 is a solid tailwind for the server and PC DRAM industry.
  • The low-margin-on-hardware smartphone success of Xiaomi and BBK Electronics is also beneficial to mobile DRAM vendors like Micron.

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