Trade-Ideas: Broadcom (BRCM) Is Today's Post-Market Leader Stock

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Broadcom ( BRCM) as a post-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified Broadcom as such a stock due to the following factors:

  • BRCM has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $202.6 million.
  • BRCM is up 3.3% today from today's close.

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More details on BRCM:

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. The stock currently has a dividend yield of 1.2%. BRCM has a PE ratio of 57.0. Currently there are 22 analysts that rate Broadcom a buy, 1 analyst rates it a sell, and 9 rate it a hold.

The average volume for Broadcom has been 8.2 million shares per day over the past 30 days. Broadcom has a market cap of $20.5 billion and is part of the technology sector and electronics industry. The stock has a beta of 0.90 and a short float of 2.1% with 1.87 days to cover. Shares are up 30.3% year-to-date as of the close of trading on Monday.

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