3 Top Green Energy Stocks Under Biden’s Environmental Push, Sprout Social Stock Up 245% This Year; Why There’s More to Come, Alphatec Holdings Inc Up 434% From March Low & It’s Only the Start, Clarivate PLC: Data Stock Up 75% in 2020; More to Come, Digital Turbine Inc: 2020 Was Transformational as Stock Soared 684%, MACOM Stock: 5G Play Has Tremendous Upside Potential in 2021, GrowGeneration Stock Soars on Record Preliminary 2020 Results, Shares of Plug Power Inc Rip Higher on New $1.5-Billion Deal, Radius Global Infrastructure Inc: Ignored 5G Landlord Poised to Rise in 2021, PCTY Stock Forecast: Paylocity Stock En Route to Deliver Triple-Digit Returns, SSTI Stock Forecast: ShotSpotter Stock Likely to Post Higher Gains, TRHC Stock: Leading in the Medication Safety Space, TDOC Stock Forecast: Teladoc Health Stock Set to Deliver Triple-Digit Returns, APPF Stock Forecast: AppFolio Stock Strengthens on Niche Focus, Pot Stocks: New Victory on the Road to New York Marijuana Legalization, Here’s Why Marijuana Stocks Could See a Massive Boost in 2021. 5G network provides $3 … Key features include: * Seven Wi-Fi and Bluetooth radios * Support for 2 streams of Wi-Fi 6E * Multi-Radio Bluetooth 5 with antenna beamforming * Tri-Band Simultaneous (TBS) architecture including a dedicated background scan radio for Wi-Fi and Bluetooth * Simultaneous dual-band operation * 2.63 Gbps PHY rate * Operation in 2.4 GHz and 5.1-7.125 GHz unlicensed bands * 160 MHz channel bandwidth * 1024-QAM modulation * OFDMA * MU-MIMO For more information on Broadcom BCM4389, please visit https://www.broadcom.com/products/wireless/wireless-lan-bluetooth/bcm4389About Broadcom Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops and supplies a broad range of semiconductor and infrastructure software solutions. AVGO, AMT, CCI, and CHTR are the best-positioned stocks to benefit. From that perspective, QCOM stock doesn’t look stellar. Ericsson's stock has already rallied nearly 40% this year on rosy expectations for its 5G business, but its stock still looks cheap at 17 times forward earnings. (Source: “Broadcom Inc., Company Overview, December 2020,” Broadcom Inc, last accessed December 22, 2020.). “Broadcom’s chipset, among the first Wi-Fi 6E certified devices in our interoperability test bed, that powers Samsung’s Wi-Fi 6E smartphone demonstrates the industry’s rapid momentum to deliver Wi-Fi 6E benefits securely and reliably to Wi-Fi users.”PRODUCT HIGHLIGHTSThe BCM4389 is a smartphone Wi-Fi 6E / Bluetooth 5 combo chip. Flat bases are one of the few reliable patterns that quality stocks form before they make substantial price advances. It's not often you find a growing stock levered to 5G, data centers, and other communications trends trading at just 15.8 times forward earnings with a … Other trademarks are the property of their respective owners.Press Contact: Khanh Lam Corporate Communications press.relations@broadcom.com Telephone: +1 408 433 8649. “Back in 2019, our partnership in launching Wi-Fi 6 in Samsung Galaxy S10 kick-started a technology transition that has resulted in around half-a-billion Wi-Fi 6 devices in the world today. Massive Shift in Marijuana Stocks, with Potential to See 100% Gains in 2021, What You Need to Know about Marijuana Stocks in 2021 in Order to Profit, 3 Top Green Energy Stocks Under Biden's Environmental Push, Logitech International SA: Tech Stock Soaring After Reaching Major Milestone. https://www.profitconfidential.com/stock/broadcom-stock/broadcom-inc-5g-stock-record-territory-strong-q4-results/, Broadcom Inc: 5G Giant in Record Territory Off Strong Q4 Results. At the beginning of the month, Broadcom’s shares climbed to an all-time high of $377.34 but retreated in the run-up to the earnings announcement. Subscribe to Premium to view Fair Value for AVGO, Samsung Galaxy S21 Ultra delivers unprecedented multi-gigabit, low-latency Wi-Fi leveraging the 6 GHz bandSAN JOSE, Calif., Jan. 14, 2021 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ: AVGO) today announced that the BCM4389 chip enables the world’s first Wi-Fi 6E phone, the Samsung Galaxy S21 Ultra. 5G stocks have surged over the past year, but that doesn’t mean there aren’t still good long-term buys in the space right now. Broadcom has developed a complete 5G switching portfolio that includes six devices: Monterey, ... we’ll look at Broadcom’s stock valuation and whether it’s … Broadcom’s category-leading product portfolio serves critical markets including data center, networking, enterprise software, broadband, wireless, storage and industrial. The BCM4389 was the world’s first Wi-Fi chip authorized by the FCC to operate in the 6 GHz band. Broadcom Inc (NASDAQ:AVGO) is an industry giant with a market cap of $175.8 billion. Wi-Fi 6E, the latest generation of Wi-Fi, delivers multi-gigabit speeds and millisecond latencies by operating in the 6 GHz band. 3 Stocks To Watch Amid Cybersecurity Rally, Discover new investment ideas by accessing unbiased, in-depth investment research, NasdaqGS - NasdaqGS Real Time Price. Ericsson also holds 5G patents and expects to collect $5 in royalties from manufacturers that sell 5G smartphones. Announces Fourth Quarter and Fiscal Year 2020 Financial Results and Quarterly Dividends,” Broadcom Inc, December 10, 2020.). Announces Fourth Quarter and Fiscal Year 2020 Financial Results and Quarterly Dividends. Its multi-radio Bluetooth 5 architecture creates robust links to audio headsets even in heavily congested locations like subway stations. Broadcom stock has a 328.21 buy point from a flat base. Categories Growth Stocks , Stocks Tags 5g stocks , 5g stocks to buy , best 5g stocks Post navigation 5G elevates our communication to an entirely new dimension. Consequently, prominent players such as Taiwan Semiconductor (TSM), ASML Holding (ASML), Texas Instruments (TXN), and Broadcom (AVGO) should continue performing well. Since the start of November, AVGO stock has climbed an impressive 22.5%. Broadcom Inc (NASDAQ: AVGO) reported strong quarterly results Thursday, sending the semiconductor stock higher.. Despite the challenging environment and economic uncertainties, Broadcom Inc was able to report strong fourth-quarter revenue growth and record profitability. Broadcom’s size has limited its ability to move the needle with acquisitions. It’s up 33% so far in 2020. Hock Tan, Broadcom’s president and CEO, said the following: We concluded the year with strong fourth quarter results driven by continued demand for networking from cloud and for broadband from service providers as well as the significant ramp in wireless, even as enterprise demand remained soft. That potential, though, is huge. The advancements in 5G networks and AI have also fueled heightened demand for these chips. All rights reserved. Thanks to its strong balance sheet, the company hiked its dividend by 11%. Broadcom’s 5G WiFi chip can reach much faster speeds through the use of three streams of specified 802.11ac which work together to achieve speeds which are in excess of 1 Gbps. During fiscal 2020, Broadcom generated $11.6 billion in free cash flow from operations, compared to $9.3 billion in fiscal 2019. Countries, including the United States and South Korea, have tripled the available Wi-Fi spectrum by opening up 1.2 GHz of spectrum in the 6 GHz band for unlicensed use. The term "Broadcom" refers to Broadcom Inc., and/or its subsidiaries. © Copyright 2021: Lombardi Publishing Corporation. With 5G Upgrade, This Dividend Stock Is Sending a Clear Signal We look at several internet-related names and see solid dividends ahead for Broadcom. Management hiked its quarterly dividend by 11% to $3.60 per share and said it expects first-quarter 2021 revenue to climb 13%. Qualcomm and Broadcom Stock Have Nearby Support Jim Cramer has identified a 5G wireless bull market. "Broadcom investors get both a powerful dividend stock and a high-octane growth story, all rolled into one ticker" - Nicholas Rossolillo, The Motley Fool “Through a mixture of strategic acquisitions and its own research efforts, Broadcom has become a market-defining name in [5G wireless networking, connected cars, and industrial automation], and then some,” he noted. 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