Broadcom completes stock split, offering better value than Chipotle based on strong earnings and AI presence.

Broadcom and Chipotle completed stock splits, lowering their per-share prices. While both companies have positive long-term outlooks, Broadcom is currently a better buy due to its strong earnings record, AI presence, and recent VMWare acquisition. Broadcom's shares trade at a reasonable valuation, while Chipotle's growth is primarily from new restaurants, making its valuation appear expensive.

August 03, 2024
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