The semis have shown a bit of strength recently. BRCM has held its own over the last week in the face of the market turmoil and recently formed a double bottom support in the $14 range. I'm looking at the Jan 2011 LEAPS calls. Since they are so far out, only the $15 strike has sufficient open interest for me to touch. The Jan '10 LEAPS calls don't offer much better OI than the '11s in the lower strikes so if I jump in it would probably be with the 2011's for the modest difference in price at the same strike which would give me a year more of time.
“Connecting Everything” is a perfect company slogan for a company which has been doing just that.Broadcom (BRCM), a semiconductor company based in Irvine, CA, has had explosive growth recently.Many of its products are regarded as parts of the wireless and multi-face future. Its low-cost, high-speed multi-functioning “system-on-a-chip” semiconductors and the software that combines voice, video, data, and multimedia applications are best-of-breed in the industry.
In addition, Broadcom has contracts with other highly regarded computer companies such as Apple (AAPL), Alcatel (ALU), Cisco (CSC
"It's now time to watch for buying opportunities -- and one of the companies on my personal list is Broadcom Corp. (NASDAQ: BRCM), whose shares are in buying range right now," says analyst Glenn Rogers.
The contributing editor to Gordon Pape's Internet Wealth Builder explains, "This semiconductor maker is a good choice for investors who would like to add to their information technology position with shares of a first-class company."
"Broadcom, located in Irvine, California, designs semiconductors for the wired and wireless communications industry. They are a major supplier to Apple's iPhone,
This post is part of a report entitled "Six-pack of technology favorites." You can read about the other top tech stock picks here.
"It's time to watch for buying opportunities -- and one of the companies on my personal list is Broadcom Corp. (NASDAQ: BRCM), whose shares are in buying range right now," says analyst Glenn Rogers.
The contributing editor to Gordon Pape's Internet Wealth Builder explains, "This semiconductor maker is a good choice for investors who would like to add to their information technology
With concerns over recession, turmoil in the financial sector, fear of rising rates, high market volatility and a rising aversion to risk, many investors have been avoiding technology stocks.
Investors have feared that these economic headwinds will dampen both consumer spending for technology products and reduced capital expenditures for technology in the corporate sector.
Despite these concerns, some of the newsletter industry's leading advisors are looking beyond the
Broadcom (BRCM), a cutting-edge chip maker specializing in "system-on-a-chip" semiconductors and multimedia software applications, has provided chip technology for Apple's (APPL) new iPhone, Motorola's (MOT) cable set-top boxes, Netgear's (NTGR) wireless routers, and Bluetooth, among other major names in the field. The company, emerging as an aggressive competitor in the market for smartphones, has the potential for a 40% surge in share price according to Barron's Sandra Ward.
Don't know where the market is headed? Some people think a full blown crash is possible; some believe this is a good time to buy while others just don't know what to believe. Well, I just don't care and neither should you.
Because if you're like me, you've learned to take everything one high percentage profit trade at a time, whether you're betting on higher or lower prices. That's right, I'm talking...
Way back in early March I highlighted 10 horrifically downtrending stocks and said not to even think about buying them until they broke their nasty trendlines to the upside.
Over the past few weeks, many have displayed solid sideways price action, but it wasn't until yesterday that the high volume breakouts occurred. I'm talking about those 50+ million shares traded, 10%+ price surges beautifully accomplished by such popular ...
BRCM will probably supply chips to the new version of the apple iPhone. This will bost their sales, especially if the iPhone sells well. Its a good double hitter if you invest in both Apple and BRCM.
Even if Apple does bad, BRCM still has a new chip out that will be most likely used in a new mobile device.
BRCM also just made a new chip that can obtain the highest network ethernet speeds to date. This company, in my opinion, will revolutionize networking and internet speeds. It is a large company who can take hits, but it also is coming out with new products that could further i
Mojo Crossover : Very Bullish the pivot point $ 32.38 you should buy more now and then buy a lot more over $32.38 (Verizon Wireless agrees to deal with Broadcom) !
Broadcom Corporation is a manufacturer of semiconductors for wired and wireless communications. The Company provides systems-on-a-chip software solutions to manufacturers of computing and networking equipment,...
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