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Stocks Under $10 with 50-100% upside potential - 14 days FREE!
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5 Stocks Pushing The Electronics Industry Higher

2. As of noon trading, Broadcom Corporation (BRCM) is up $0.16 (0.5%) to $32.54 on light volume Thus far, 2.4 million shares of Broadcom Corporation exchanged hands as compared to its average daily volume of 7.1 million shares. The stock has ranged in price between $32.38-$32.81 after having opened the day at $32.74 as compared to the previous trading day's close of $32.38.

Broadcom Corporation designs and develops semiconductor solutions for wired and wireless communications. It provides a portfolio of system-on-a-chip (SoC) and software solutions. Broadcom Corporation has a market cap of $16.6 billion and is part of the technology sector. The company has a P/E ratio of 20.3, above the S&P 500 P/E ratio of 17.7. Shares are up 10.5% year to date as of the close of trading on Friday. Currently there are 32 analysts that rate Broadcom Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Broadcom Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, expanding profit margins and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Broadcom Corporation Ratings Report now.

EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass

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