Broadcom included in top hedge fund holdings for September
MSFT Microsoft Corp
$524.51 +0.66%
View chart & analysis → - 1Hedge funds held the most shares in Amazon, Microsoft, Applied Materials, NVIDIA, Meta Platforms, and Broadcom in September.
- 2Broadcom recorded $29.6 billion in third-quarter revenue.
- 3Broadcom achieved a 216% year-over-year increase in third-quarter net income.
So what's the key point?
Professional investors bought a lot of Broadcom stock in September. The company performed well, with third-quarter net income increasing by 216% compared to last year.
Source The Motley Fool +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.