2. As of noon trading, Broadcom Corporation ( BRCM) is down $0.64 (-2.3%) to $26.99 on heavy volume. Thus far, 7.9 million shares of Broadcom Corporation exchanged hands as compared to its average daily volume of 9.0 million shares. The stock has ranged in price between $26.88-$27.45 after having opened the day at $27.33 as compared to the previous trading day's close of $27.63.

Broadcom Corporation provides semiconductor solutions for wired and wireless communications. Its products offer voice, video, data, and multimedia connectivity in the home, office, and mobile environments. Broadcom Corporation has a market cap of $14.6 billion and is part of the electronics industry. Shares are down 17.0% year to date as of the close of trading on Thursday. Currently there are 25 analysts that rate Broadcom Corporation a buy, 2 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Broadcom Corporation as a hold. 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 and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full Broadcom Corporation Ratings Report now.

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