Several times a year, a Confident Investor must reevaluate the companies in the portfolio. Keeping your money in a stock that no longer qualifies as a “Good” company can end up hurting your investment performance a great deal. Also, there are a lot of Good Companies so losing the worst of the best is not going to impact the ability to have a balanced portfolio. Over the coming days, this site will evaluate each stock on the Watch List.
|Company name||Broadcom Corporation|
|Live stock price||[stckqut]BRCM[/stckqut]|
|P/E compared to competitors||Good|
|Confident Investor Rating||Good|
|Target stock price (TWCA growth scenario)||$62.99|
|Target stock price (averages with growth)||$120.34|
|Target stock price (averages with no growth)||$125.72|
|Target stock price (manual assumptions)||$51.93|
The following company description is from Google Finance: http://www.google.com/finance?q=brcm
Broadcom Corporation (Broadcom) is a provider of semiconductor for wired and wireless communications. Broadcom products enable the delivery of voice, video, data and multimedia to and throughout the home, the office and the mobile environment. The Company provides a range of system-on-a-chip (SoC), and software solutions to manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices. Its product portfolio includes broadband communications, mobile and wireless, and infrastructure and networking. In November 2010, the Company completed the acquisition of Percello Ltd. (Percello). In November 2010, the Company completed the acquisition of Beceem Communications, Inc. (Beceem). In December 2010, the Company completed the acquisition of Gigle Networks Inc. (Gigle), a company that develops SoC solutions for home networking over power lines.
Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.