One of the semiconductor companies flying pretty much under the radar is Broadcom.
The figures presented today are again quite respectable. Earnings per share were 7.81 dollars. Thus, the expectations were slightly exceeded.
Compared with the prior-year quarter, sales increased by 14.4% to 7.4 billion dollars.
In addition, a $10 billion share buyback program was announced. The dividend will be increased by 14%. The series of considerable increases in payment is thus continued.
In total, I have 16 shares of Broadcom in my portfolios. A share that has only known one direction in recent years.
Due price performance on a 1-year view is 39 %, on a 5-year view 245 %, on a 10-year view 1,820 %. My own position is up about 180%. Here, I usually don't have to do much more than take a quick look at the quarterly numbers every three months. So far, the company is delivering strongly.
What is your opinion of Broadcom?