SELECT * FROM future.stocks WHERE name like '%broadcom%' LIMIT 1; How To Buy Broadcom Stock ? - Grow Your Financial Portfolio

How To Buy Broadcom Stock

You can buy Broadcom shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy Broadcom shares with a broker like eToro or you can trade Broadcom CFDs with XTB you can begin trading Broadcom shares right away.

If you are buying shares in UK or Europe eToro offer 0% free commission on stocks. This is a big eToro selling point.

when a client buys Broadcom stock at 1x leverage with eToro its completely free and they are buying the underlying stock. Also with eToro, clients can buy fractional shares – Min deposit is $200, but $50 is the minimum trade on stocks. eToro are one of the cheapest places to buy stocks.

Broker eToro Trading212 FP Markets Markets.com XTB Plus500
Rating
Used By 12,000,000+ 14,000,000+ 10,000+ 10,000+ 200,000+ 15,500+
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Scroll down to read our indepth article on How To Buy Broadcom Stock. What you should know, Types of trading Broadcom Stock and CFD's. Pros and Cons, everything is explained below.

How To Buy Broadcom Stock Table of Contents

Broadcom Financial Details

Financial Details

Broadcom Stock symbol AVGO
Broadcom Sector and Industry Technology Semiconductors
Broadcom Exchange NASDAQ - National Association of Securities Dealers Automated Quotations exchange
52 Week High $331.58
52 Week Low $250.09
Broadcom Market Capitalisation $122,714,850,195.00
Broadcom Average Volume 2,614,690.00
Broadcom PE 47.78
Broadcom EPS 6.46
Stock Currency USD

Overview of Broadcom

Broadcom is an American Technology Semiconductors company currently traded on the NASDAQ which fully known as the National Association of Securities Dealers Automated Quotations exchange.

Broadcom trades under the stock symbol AVGO on the NASDAQ.

Broadcom shares are exchanged in USD on the NASDAQ.

Broadcom has a current share price of $308.02 USD dated 31/01/2020.

The highest Broadcom share price over the last 52 weeks was $331.58 USD and its lowest price over the last 52 weeks was $250.09 USD. That is a 52 week price range of $250.09 - $331.58.

Broadcom Trading Volume and PE

Broadcom currently has 397,792,000.00 active shares in circulation traded through the NASDAQ exchange.

Broadcom market capitalization is $122,714,850,195.00 with an average daily trading volume of 2,614,690.00 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

Broadcom has a Price Earning Ratio ( PE ) of 47.78 and earning per share ( EPS ) of 6.46. Generally speaking Broadcom having a high P/E ratio means that Broadcom investors forsee increased growth with Broadcom in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

Broadcom earnings per share is Disney company profit that's allocated to every Broadcom common stock. Earnings per share is calculated by taking the difference between Broadcom's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of Broadcom shares outstanding.

Broadcom Financial Charts

Financial Details

Broadcom Information

Broadcom Location & Contact Information

Address 1320 Ridder Park Drive San Jose, CA 95131 United States
Phone Number 1-408-433-8000
Website URL www.broadcom.com

Broadcom Executives and Board Members

President/CEO Hock E Tan
Chief Financial Officer Thomas H Krause Jr Tom
Chief Legal Officer Mark Brazeal
Broadcom Board Member Dr Henry S Samueli
Broadcom Board Member Eddy W Hartenstein
Broadcom Board Member Hock E Tan

How To Buy Broadcom Stock Guide

Buying Broadcom Stocks and CFDs

When investing in Broadcom you have several options as to what type of investment you wish to conduct. You can buy traditional Broadcom shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying Broadcom shares with stock brokers and trading Broadcom with CFDs below.

Broadcom CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any Broadcom stock.

If you buy Broadcom shares with a stock broker you actually own a share of Broadcom. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the Broadcom price will change up or down.

Lets explain why you would buy Broadcom as a CFD instead of as a share.

If you went and brought 100 Broadcom shares at $100 a share with a stock broker you own $1000 of Broadcom.

The main difference when trading Broadcom as a CFD and buying Broadcom as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in Broadcom you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in Broadcom. Trading an Broadcom CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an Broadcom CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an Broadcom share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

An Broadcom CFD long would be hoping to profit from a rise in the Broadcom share price. An Broadcom CFD short would be aiming to profit from a fall in the Broadcom stock price. Trading CFDs allows traders to profit from both directions of the Broadcom price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional Broadcom shares you can only profit from a rise in the Broadcom stock price.

Broadcom CFD and Stock Market Times

When trading in traditional Broadcom shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying Broadcom Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying Broadcom stock. This limits your risk to your initial amount invested in Broadcom. You can only lose the amount invested with traditional Broadcom shares. Another benefit of buying Broadcom shares with a broker is that you may be eligible to receive Broadcom company dividends if applicable.

If you Invest in Broadcom via a CFD you have no shareholder privileges as you don't actually own any underlying assets in Broadcom. If you buy Broadcom stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these Broadcom benefits as in owning a certain amount of stock for a set period.

If you own shares in Broadcom you may be eligible to voting rights at Broadcom shareholder general meetings.

Broadcom Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in Broadcom Stocks and shares are only exempt from tax if the Broadcom shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade Broadcom Stocks and Shares or Broadcom CFDs?

There are pros and cons to trading in both Broadcom Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in Broadcom stocks and shares is better suited for long term investments. Historically Broadcom shares provide better returns over the long term, usually a 10 year period.

Broadcom CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an Broadcom share investors aim to profit on the fluctuating highs and lows of the Broadcom price throughout the day. Day trading as you can imagine focuses on profiting from the daily Broadcom stock price change.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an Broadcom stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an Broadcom share price for example to a known amount.

Example Cost of Buying Broadcom as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

Broadcom CFD trade example Broadcom Share deal example
Market price $308.02 $308.02
Broker Deal Invest $61.604 at 1:5 Margin (20%) Buy at $308.02 a share
Deal size 100 shares 100 shares
Initial outlay

$6160.4

(Margin = exposure x 20% margin factor)

$30802

(100 shares at $308.02)
Stamp duty No £20
Close price Sell at $369.624 Sell at $369.624
Estimated Profit

(61.604 point increase x 100 shares = $6160.4)

*Not including commission fees and taxes

($36962.4 - $30802 = $6160.4)

*Not including commission fees and taxes
Trade Broadcom CFDs now with XTB Trade Broadcom Shares now with Etoro

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Broadcom shares and CFDs.

We compare multiple aspects of brokers to help you make a more education decision when investing in Broadcom.