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Broadcom: Software As A Sustainable Revenue

Apr. 12, 2022 10:56 AM ETBroadcom Inc. (AVGO)3 Comments
Khaveen Investments profile picture
Khaveen Investments
6.3K Followers

Summary

  • In this analysis, we analyzed Broadcom’s infrastructure software business segment, which consists of its CA Technologies, Brocade, and Symantec Enterprise Security acquisitions.
  • We analyzed the common target customer base of both CA and Symantec, which are large enterprises from the Fortune 500 and Global 2000, and believe they provide cross-sell opportunities.
  • In terms of Brocade, with the introduction of its next-gen fibre channel products, we expect it to benefit as an established market leader.
  • Lastly, we examine its segment profitability and believe it could continue to benefit from the integration of its sales force, which enables the company to focus on R&D activities.

Broadcom Reports Quarterly Earnings

Justin Sullivan/Getty Images News

Since our previous coverage of Broadcom Inc. (NASDAQ:AVGO), the company’s stock price had increased above our previous target price of $517.95 driven by the robust performance of its semiconductor solutions and infrastructure software

This article was written by

Khaveen Investments profile picture
6.3K Followers
Khaveen Investments is a Global Macro Quantamental Hedge Fund managing a portfolio of globally diversified investments. With a vested interest in hundreds of investments spanning diverse asset classes, countries, sectors, and industries, we wield a multifaceted investment approach that combines top-down and bottom-up methodologies, integrating global macro, fundamental, and quantitative investment strategies. We serve accredited investors throughout the globe, which include HNW Individuals, Corporates, Associations, and Institutions. At the heart of our investment prowess lies specialized expertise in cutting-edge technologies that are reshaping the fabric of numerous industries. Our strategic orientation centers around a spectrum of booming domains, encompassing the transformative realms of Artificial Intelligence, Cloud Computing, 5G, Autonomous & Electric Vehicles, FinTech, Augmented & Virtual Reality, and the Internet of Things.www.khaveen.com

Analyst’s Disclosure: I/we have a beneficial long position in the shares of AVGO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

No information in this publication is intended as investment, tax, accounting, or legal advice, or as an offer/solicitation to sell or buy. Material provided in this publication is for educational purposes only, and was prepared from sources and data believed to be reliable, but we do not guarantee its accuracy or completeness.

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Comments (3)

aquabear profile picture
I was luckily running mostly cash going into 2020 and was able to snag AVGO at an incredible price. Will keep DRIPping and let it compound for the foreseeable future. Really like their business.
davenchop profile picture
@aquabear ..must have gotten a great yield too!
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Broadcom is a nice addition to my portfolio. It keeps it balanced and diversified. I am an income investor and Broadcom seems an ideal balance between growth and income. This is a rarity among the tech sector. It does have good management and seems poised for additional growth.
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