Previous Close | 601.30 |
Open | 600.66 |
Bid | 612.00 x 800 |
Ask | 613.50 x 1400 |
Day's Range | 599.72 - 617.01 |
52 Week Range | 415.07 - 645.31 |
Volume | |
Avg. Volume | 2,334,150 |
Market Cap | 256.77B |
Beta (5Y Monthly) | 1.12 |
PE Ratio (TTM) | 23.21 |
EPS (TTM) | 26.47 |
Earnings Date | Mar 02, 2023 |
Forward Dividend & Yield | 18.40 (3.06%) |
Ex-Dividend Date | Dec 19, 2022 |
1y Target Est | 655.64 |
The U.S. inflation rate tipped the scales at its highest level in 40 years (9.1%), and the all three major U.S. stock indexes were, at one point, firmly entrenched in a bear market. A stock split is an event that allows a publicly traded company to alter its share price and outstanding share count without any impact to its market cap or operations. A forward stock split reduces a company's share price to make it more nominally affordable for retail investors.
Broadcom Inc. (AVGO) closed the most recent trading day at $601.30, moving +0.62% from the previous trading session.
Fears of a recession and other macro headwinds often drive investors to dump their tech stocks and invest in more defensive sectors. Today I'll take a closer look at three tech companies that should remain promising investments during a recession: the cloud-based services provider ServiceNow (NYSE: NOW), the diversified chipmaker Broadcom (NASDAQ: AVGO), and the Dutch semiconductor equipment maker ASML (NASDAQ: ASML).