Report
Brian Colello, CPA
EUR 147.86 For Business Accounts Only

Broadcom Limited remains well positioned to profit from the rise in LTE-enabled smartphones.

We have taken a fresh look into Broadcom Limited and raise our fair value estimate to $165 per share from $151, thanks to modestly higher long-term revenue assumptions as we give the company a greater benefit of the doubt that it will defend its position as a high-end radio frequency (RF) filter supplier from competitors like Qorvo and potentially Skyworks Solutions. We still view the shares as slightly overvalued today as we await insight into the company’s upcoming third-quarter results, which...
Underlying
Broadcom Inc

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Brian Colello, CPA

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