**BROADCOM: INCREDIBLE GROWTH **
Broadcom is not just playing the game, it is dominating. The latest results confirm that the company is on a path of explosive growth, putting it in contention for the pantheon of the greats
Key Highlights:
Non GAAP EPS: $1.95 vs $1.87 estimate
Revenue: $18.02B vs $17.46B estimate
Following the results, the stock surged, pushing the company’s EV to $2 trillion
Yes, Broadcom has delivered a higher return than Nvidia ($NVDA) over the past two years
In my view, with its leadership in critical technologies like AI and cloud infrastructure, Broadcom clearly belongs in the Magnificent 7 group
(Tesla, things do not look good for you)
REALTY INCOME: NEW DIVIDEND INCREASE
Realty Income announced a new increase to its monthly dividend, which now stands at $0.27 per share, up from $0.2695 🤑
With this increase, the dividend yield based on the current share price reaches an impressive 5.68%
Realty Income continues to expand across the US and Europe while paying us an ever growing “rent”
The company’s dividend track record is truly impressive
And beyond the company’s operations, there are two more reasons that make me more bullish than ever
A) The stock is undervalued based on its forward P FFO compared to the last 10 year average
B) The Fed is expected to keep cutting interest rates over the coming years, which acts as a powerful catalyst for the stock
SOMETHING IS NOT RIGHT WITH APPLE 🍏
Over the past week, we have seen a concerning wave of top executive departures from Apple
And we are not talking about minor changes
- The head of chips is considering leaving
- The AI chief has left
- The policy chief has left
- The head of UI has also left
- And now prediction markets are pricing in a 52% probability that CEO Tim Cook could step down in the near future
This is not random. For a company that has always sold stability, direction, and total control, such a large scale exodus naturally raises serious concerns
That said, the company appears to be entering a new growth cycle in iPhone sales
This could help it break out of stagnation in overall revenues
We will definitely be watching this closely. The coming weeks may reveal far more than we expect