NXP SEMICONDUCTORS NV $122 (Nasdaq symbol NXPI; Manufacturing & Industry sector; Shares outstanding: 339.0 million; Market cap: $41.4 billion; No dividend paid; Takeover Target Rating: Medium; TSINetwork Rating: Average; www.nxp.com) is a computer chip company that provides high-performance mixed-signal and standard semiconductors. Its products are used in… Read More
KROGER CO., $27.66, symbol KR on New York, is one of the largest U.S. grocery-store chains with more than 2,790 retail locations in 35 states.In November 2017, Kroger announced that to increase shareholder value, it is exploring the possible sale its 800 convenience stores spread… Read More
Pat: Could I get your view on the new Broadcom, formerly Avago? Is it closely dependent on Apple or does it have a wider revenue stream? Thanks.
A: Broadcom Ltd., $153.72, symbol AVGO on Nasdaq (Shares outstanding: 390.3 million; Market cap: $60.9 billion; www.broadcom.com), took its current form on February 1, 2016. That’s when Singapore-based Avago Technologies Ltd. acquired Broadcom for $37 billion in cash and shares. As a result, Broadcom shareholders… Read More