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

  • AVGO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $123.7 million.
  • AVGO is up 2.3% today from today's close.

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More details on AVGO:

Avago Technologies Limited is engaged in the design, development, and supply of analog semiconductor devices with a focus on III-V based products. The stock currently has a dividend yield of 1.5%. AVGO has a PE ratio of 31.9. Currently there are 14 analysts that rate Avago Technologies a buy, no analysts rate it a sell, and 5 rate it a hold.

The average volume for Avago Technologies has been 1.7 million shares per day over the past 30 days. Avago has a market cap of $19.1 billion and is part of the technology sector and electronics industry. The stock has a beta of 0.91 and a short float of 2.7% with 1.75 days to cover. Shares are up 44% year-to-date as of the close of trading on Wednesday.

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