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There are now ten companies worth over a trillion dollars, with AVGO joining the list.

Posted on 12/13/24 at 2:15 pm
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
25828 posts
Posted on 12/13/24 at 2:15 pm
Tossing out PetroChina short lived stint in 2007, these have all been from 2018 forward.



US Steel became the first billion dollar company on 3/2/1901. The first $3 billion dollar company was 23 years later in 1924. We have 3 at $3 billion, just 7 years later.
This post was edited on 12/14/24 at 9:35 am
Posted by bayoubengals88
LA
Member since Sep 2007
24753 posts
Posted on 12/13/24 at 2:30 pm to
I could not tell you the first thing about Broadcom, starting with why in the hell their ticker is 'AVGO'
Posted by cgrand
HAMMOND
Member since Oct 2009
49018 posts
Posted on 12/13/24 at 2:36 pm to
it used to be called avago
Posted by AUCE05
Member since Dec 2009
45369 posts
Posted on 12/13/24 at 3:01 pm to
It went insane today
Posted by bigjoe1
Member since Jan 2024
1866 posts
Posted on 12/13/24 at 3:55 pm to
quote:

It went insane today


Very strong earnings report yesterday.
Posted by DaBeerz
Member since Sep 2004
18309 posts
Posted on 12/13/24 at 5:04 pm to
I own it, very pleased
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41104 posts
Posted on 12/13/24 at 5:17 pm to
So glad I randomly went heavy on AVGO and PLTR back in June.
Posted by tigerbacon
Arkansas
Member since Aug 2010
4643 posts
Posted on 12/13/24 at 5:25 pm to
I went heavy on AVGO and PANW back when PANW was under 300
Posted by horsesandbulls
Destin, FL
Member since Jun 2008
5205 posts
Posted on 12/13/24 at 8:17 pm to
Y’all think this thing gets back to 1500 in the next 5-6 years?
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
25828 posts
Posted on 12/13/24 at 10:24 pm to
quote:

Y’all think this thing gets back to 1500 in the next 5-6 years?


It just had a 10:1 split in July, if it made it back to $1500/share it would be a $6 trillion company.
Posted by TigerDeBaiter
Member since Dec 2010
10728 posts
Posted on 12/14/24 at 7:40 am to
Horrible title and summary.

Thanks for the graphic.
Posted by Boomer Rick
Member since Apr 2021
371 posts
Posted on 12/14/24 at 7:43 am to
They split the stock a year or so ago.
Posted by horsesandbulls
Destin, FL
Member since Jun 2008
5205 posts
Posted on 12/14/24 at 8:12 am to
I’ve owned the stock since 2014. 35 shares at about $70. I never thought it would hit the 1600-1700 share price before the split. I definitely did not think it would skyrocket 25% in a single day this year.

So at this point I’m aware that would be crazy but may not be completely out of the question for it to get back to the the price it was before the split.
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
25828 posts
Posted on 12/14/24 at 9:37 am to
quote:

Horrible title and summary.


It was, I cleared that up.
Posted by tigerbacon
Arkansas
Member since Aug 2010
4643 posts
Posted on 12/14/24 at 2:33 pm to
I hope but that would be insane to predict. I just saw value.
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