logo
Up 12% In A Week, What's Happening With AVGO Stock?

Up 12% In A Week, What's Happening With AVGO Stock?

Forbes16-04-2025

Illustration of BROADCOM, France, March 7, 2025. (Photo by Riccardo Milani / Hans Lucas / Hans ... More Lucas via AFP) (Photo by RICCARDO MILANI/Hans Lucas/AFP via Getty Images)
Broadcom Inc. (NASDAQ: AVGO) stock has risen 12% over the past five days due to two key developments: a broader market rebound after President Trump suspended reciprocal tariffs for 90 days, and the company's announcement of a $10 billion share buyback program. Despite the recent gains, AVGO is still down over 20% this year. Such fluctuations are not unusual for the stock—AVGO fell 36% during the 2022 inflation-driven downturn and dropped 48% during the COVID-19-related market selloff in 2020. However, for investors seeking a potentially more stable and high-performing alternative, consider the Trefis High Quality Portfolio, which includes 30 stocks with a strong record of consistently outperforming the S&P 500 over the past four years.
Broadcom's key financial indicators highlight its strong foundation:
For long-term investors, the recent decline in AVGO stock could offer a compelling entry point, considering the company's solid fundamentals and AI leadership. Those sensitive to volatility should consider hedging, consulting a financial advisor, or diversification, such as the Trefis Reinforced Value (RV) Portfolio, which has outperformed its all-cap stocks benchmark to produce strong returns for investors. A calm, strategic approach is crucial for wealth generation during market volatility.
Invest with Trefis
Market Beating Portfolios | Rules-Based Wealth

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Summer kicks off with a new corporate perk aimed to ease employees' stress
Summer kicks off with a new corporate perk aimed to ease employees' stress

USA Today

time33 minutes ago

  • USA Today

Summer kicks off with a new corporate perk aimed to ease employees' stress

Summer kicks off with a new corporate perk aimed to ease employees' stress Companies looking to ease employees' stress over the summer are offering a new perk -- discounted summer camp and childcare. Show Caption Hide Caption More men are becoming family caregivers Men face a unique set of challenges when it comes to stepping into the role of a caregiver. Kids might be excited about the end of the school year and for summer to begin, but many working parents who don't know how to fill their kids' long summer days may be feeling some dread right about now. AT&T is trying to change that. The third largest U.S. wireless carrier is launching an onsite summer camp at its Dallas, Texas, headquarters in June to give its employees more convenient options for reliable childcare during the school break. Childcare outranked any other perk including mental health support, paid maternity/paternity leave and tuition reimbursements as a benefit employers aimed to offer their workers last year, according to a survey of corporate-suite and human resource leaders. One in 5 employees said they had left a job because their employer didn't provide family care benefits, and a lack of childcare benefits topped the list of reasons they sought another job. 'The summer camp was in response to specific asks and pain points our employees had,' said Matt Phillips, AT&T assistant vice president of benefits. But childcare isn't the only caregiving people ask for nowadays, he said. People want help caring for every important person, or sometimes pet, in their lives, he said. What's different about summer? 'When planning vacations and summer activities, there may be days sporadically that fall throughout the summer when people need some childcare,' Phillips said. To help ease worries of what to do with kids on those days, AT&T employees can register their children ages 4-12 for the 10-week onsite camp that runs weekdays from 8 a.m. to 6 p.m. Families have the flexibility to book one or multiple days whenever they'd like throughout the summer. There's no weekly sessions or commitments required. If employees use their backup care benefits, a day of camp would cost $15 for one child or $25 for two or more children. AT&T backup care allow workers up to 10 days of subsidized childcare if their primary care option is unavailable, and they can't take time off. They can choose center care for $15 per day or in-home care with a Bright Horizons caregiver for $4 an hour. Bright Horizons runs childcare centers and early education services nationwide. Additional days of summer camp can be bought at a discounted rate. Tell us: The caregiving crisis is real. USA TODAY wants to hear from you about how to solve it. What are other types of caregiving? Caregiving has typically meant childcare, but the COVID-19 pandemic, an aging population and rising costs have expanded the definition to include siblings, parents, grandparents and even pets. Gen Z through Gen X and even some of the youngest members of the Baby Boomers who expect to retire soon are demanding personalized benefits beyond retirement funds, salary and vacation days. Job seekers, even those fresh out of school, now have a 'holistic outlook,' said Blayre Riley, 22. 'We're not just looking at salary.' Riley doesn't have kids, but she has a 6-year-old kid brother. Her job benefits allow her to use so-called caregiver days, which are paid hours she can use to take care of a sick friend, relative or other loved one or take them to appointments, for example. With these benefits, if her little brother 'has a class party, I can go in the morning and come back to work in the afternoon, and it doesn't feel like a burden to my team,' Riley said. 'Or if he has a day off school and my parents work, I can spend time with him.' 'My dad always talks about when I was younger, his job didn't have this flexibility and when my mom was sick, he couldn't take her to doctor's appointments,' she added. 'Now, my job has it, and it can exist for everyone.' Education help: College applications are stressful. Here's how more companies are helping. New perks: Some workers are job hopping for fertility benefits. Employers are trying to keep up. What's at stake? The lack of available childcare alone costs the economy $122 billion every year, according to a 2023 study from the bipartisan Council for a Strong America. Yet, just 12% of all U.S. workers have access to childcare benefits through their employer, and only 6% of those who work part-time or in the lowest income quartile do, according to a Boston Consulting Group study published last year. Family caregivers ages 50 and older who leave the workforce to care for a parent lost $303,880, on average, in income and benefits over a caregiver's lifetime, according to a 2016 Families Caring for an Aging America study. The breakdown was as follows: $115,900 in lost wages, $137,980 in lost Social Security benefits, and conservatively $50,000 in lost pension benefits. Still, only 13% of companies offer eldercare referral services, and just 1% of companies offer employees subsidies for eldercare, according to SHRM's 2024 Employee Benefits Survey. Lack of support leads to caregiver burnout. Half of caregivers said caregiving increased their level of emotional stress, while 37% said it impacted their physical feelings of stress according to a 2023 AARP survey. What can companies do? Companies 'must address new needs, particularly around things like caregiving benefits, absence and leave benefits, and wellness benefits in all forms, as well as personalizing/customizing benefits to keep their workers happy,' said Bryan Hodgens, head of research at Life Insurance Management Research Association, or LIMRA, in a report. Comprehensive caregiving benefits like flexible work arrangements, paid leave, financial support, and access to education, consultations, resources, and digital caregiving platforms can improve workers' wellbeing and boost businesses. BCG found that childcare benefits alone deliver returns of up to 425% of their cost for companies across the U.S. Aside from caregiving, it's imperative companies also offer employees opportunities for self-care. Healthier habits help keep healthcare costs down for both employees and employers. AT&T, for example, offers a Wellbeing Choice Account to reward employees for healthy habits. Employees and their partners or spouses can each earn up to $750 annually for completing wellness activities like getting their annual physical. They can then use that money to go towards fitness classes, an exercise bike, student loan repayment, massages and facials, and healthy meal kits. 'It's like free money because you're getting paid to do things you should be doing anyway,' said Ryan Stafford, an AT&T employee who used his rewards to buy a nicer bike than he would have been able to afford. 'l had no guilt spending a little more,' he said. Medora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at mjlee@ and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday.

Is SoundHound AI the Top Artificial Intelligence Stock to Buy in June?
Is SoundHound AI the Top Artificial Intelligence Stock to Buy in June?

Yahoo

time35 minutes ago

  • Yahoo

Is SoundHound AI the Top Artificial Intelligence Stock to Buy in June?

SoundHound AI has a broad target market. SoundHound posted incredible revenue growth during the first quarter. Investors will need to pay a premium to own the stock. 10 stocks we like better than SoundHound AI › SoundHound AI (NASDAQ: SOUN) is one of the more popular small company picks in the AI realm. With a market capitalization of less than $4 billion, SoundHound could have a huge runway if its products continue to resonate with clients. But is it the best AI stock to buy in June? Let's take a look. SoundHound AI has taken a different approach to AI than many companies. Instead of focusing on interacting with a generative AI model by using text input from a keyboard, it uses audio inputs. This isn't anything innovative or new; AI assistants like Siri or Alexa have been around for a long time, and have frustrated users for that same duration. However, SoundHound AI's products are far superior to some others and have even been found to outperform human counterparts in some applications, such as taking orders at drive-thru restaurants. The potential for SoundHound's products is massive, as anything where a human talks to transmit information is a potential target for SoundHound AI's software. In addition to restaurants, some of the biggest target areas for SoundHound are automotive (digital assistants), finance, and healthcare. However, SoundHound has products for many other markets as well. There's a massive market for SoundHound AI's technology, but how is the company doing now? SoundHound's results back up its potential, as revenue increased a 151% year over year in the first quarter. Total revenue was only $29.1 million, which gives investors an idea of how relatively small SoundHound AI is. As should be expected for a rapidly growing and small company, SoundHound AI is deeply unprofitable. Still, I'm not docking any points for this, as it's wisely spending its resources to capture as much market share as possible. For the full year, management expects revenue of $157 million to $177 million, indicating 97% revenue growth from a year ago. That's an impressive figure that showcases the strong demand for SoundHound AI's product. SoundHound AI's growth is up to par for a stock of its stature, but it still has to trade at a reasonable valuation to be considered a buy. Because SoundHound AI is unprofitable, the only metric we have to value the stock is its price-to-sales (P/S) ratio. Normally, software companies trade between 10 and 20 times sales, but SoundHound AI is far more expensive. SOUN PS Ratio data by YCharts At 36 times sales, SoundHound AI is far more expensive than the normal P/S range for software stocks. However, it's also not common to see companies projecting that their revenue will double over the next year. Should SoundHound AI hit the middle range of its sales target ($167 million), it would be valued at 23.9 times projected 2025 sales. Once again, that's still not cheap. However, if SoundHound AI can deliver a 2026 that's similar in growth to 2025, then it could transform the stock into a rocket ship. With how small SoundHound AI's revenue base is and how wide a potential market it's tackling, this could easily happen. However, if it doesn't, the stock will likely crash due to high expectations already built into the stock price. Considering that, I don't think SoundHound AI is the best AI stock to buy in June. However, I think it's a solid pick as long as investors understand what they're getting into. SoundHound AI is a high-risk, high-reward stock. As a result, investors need to keep their position sizing in mind and likely devote no more than 1% of total portfolio value to SoundHound. That way, it can still provide meaningful results to your portfolio if it succeeds but won't harm it much if it declines significantly in value. Before you buy stock in SoundHound AI, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and SoundHound AI wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $674,395!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $858,011!* Now, it's worth noting Stock Advisor's total average return is 997% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Keithen Drury has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Is SoundHound AI the Top Artificial Intelligence Stock to Buy in June? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

How Veteran's Benefits Are Impacted by Trump's Tax Bill: What to Know
How Veteran's Benefits Are Impacted by Trump's Tax Bill: What to Know

Newsweek

timean hour ago

  • Newsweek

How Veteran's Benefits Are Impacted by Trump's Tax Bill: What to Know

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. President Donald Trump's legislative agenda continues to reshape federal spending, with House Republicans proposing a $453 billion bill for the Department of Veterans Affairs (VA) in fiscal year 2026. While the bill preserves core benefit increases for veterans, it introduces a series of controversial provisions that could change how some services are accessed and funded. The new spending proposals, part of the One Big Beautiful Bill passed by the House in May, come amid a flurry of changes at the VA, including staffing cuts at the department, which have sparked protests across the nation. Why It Matters Veterans' programs have historically received bipartisan support and consistent funding increases. Trump's proposed budget continues that trend, with an $83 billion boost over the prior year, largely for mandatory medical care and benefits payouts. However, the bill's inclusion of policy items tied to reproductive health, firearm access, and vaccine mandates could limit or reshape access to VA services. What to Know The VA budget includes: A 22 percent—$83 billion—overall funding increase , with nearly all new funding earmarked for medical care and mandatory benefits like disability payments. , with nearly all new funding earmarked for medical care and mandatory benefits like disability payments. Discretionary program funding up by 4 percent , rising to approximately $134 billion. , rising to approximately $134 billion. $2.5 billion for the VA's Electronic Health Record Modernization program , doubling the prior year's allocation but still $1 billion short of the White House's ask. , doubling the prior year's allocation but still $1 billion short of the White House's ask. $18 billion in military construction funding, which includes $830 million for child development centers and barracks improvements. Policy changes include: A ban on abortion services and abortion-related counseling at VA facilities, unless the life of the mother is in danger. at VA facilities, unless the life of the mother is in danger. Ending the requirement for mandatory COVID-19 vaccination for VA health personnel. for VA health personnel. Restrictions on reporting veterans deemed financially incompetent to the national gun background check system, which Republicans have framed as a defense of Second Amendment rights. Democrats criticized the latter provisions. Florida Representative Debbie Wasserman Schultz, a Democrat, said in a statement the bill "needlessly fixates on keeping guns in the hands of those who are potentially a danger to themselves or others, and restricts reproductive rights." A stock image shows a U.S. flag patch on a soldier's uniform. A stock image shows a U.S. flag patch on a soldier's uniform. GETTY What People Are Saying House Appropriations Committee chairman Tom Cole said the bill "honors our commitment to those who've worn America's uniform and supports our military and their loved ones." "By providing critical funding for military bases and improving housing for our troops and their families, we are ensuring that our national defense needs are met both at home and abroad. We are also upholding our pledge to our veterans. This bill fully funds health care and benefits for those who have honorably served. They upheld their sacred oath to us—and now a grateful nation is keeping our promise to them. Today marks the start of our process and our work to fund the government. As this bill moves forward and considerations are made and debated, the pillars of the proposal won't change." Florida Representative Debbie Wasserman Schultz said in a statement: "This bill needlessly fixates on keeping guns in the hands of those who are potentially a danger to themselves or others, and restricts reproductive rights, and [includes] other cruel and pointless policy restrictions. I cannot tell those currently serving and those who defended our nation that this is the best we can do." What's Next The bill faces a tougher showdown in the Senate than it did in the House, where Democratic opposition and the filibuster rule will require bipartisan cooperation in order for it to pass.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store