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Avago Tech (AVGO) [hlAlert]

up 230.87 %

Avago Tech (AVGO) rated Overweight by Morgan Stanley

Posted on: Tuesday,  Jul 2, 2013  8:25 AM ET by Morgan Stanley

Morgan Stanley rated Overweight Avago Tech (NASDAQ: AVGO) on 07/02/2013, when the stock price was $38.16. Since
then, Avago Tech has gained 230.87% as of 01/08/2016's recent price of $126.26.
If you would have followed this Morgan Stanley's recommendation on AVGO, you would have gained 230.87% of your investment in 920 days.

Avago Technologies Limited is a designer, developer and global supplier of a range of analog semiconductor devices with a focus on III-V-based products. The Company?s product portfolio includes approximately 7,000 products in four primary target markets: industrial and automotive electronics, wired infrastructure, wireless communications, and consumer and computing peripherals. Applications for its products in these target markets include cellular phones, consumer appliances, data networking and telecommunications equipment, enterprise storage and servers, factory automation, displays, optical mice and printers. Avago Technologies Limited?s locations include two design centers in the United States, four in Asia and three in Europe. The Company has developed a portfolio of intellectual property that includes more than 5,000 United States and foreign patents and patent applications.

Morgan Stanley Investment Research is one of the financial industry's dominant thought leaders in equity and fixed-income investing. Our analysts, economists, and strategists have earned this reputation through timely, in-depth analysis of companies, industries, markets, and the world’s economies. Our teams collaborate to assist Morgan Stanley clients with investment decisions, using cash and derivative instruments across major asset classes and geographies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/2/2013 8:25 AM Buy
as of 12/13/2013
1 Week down  -2.78 %
1 Month up  0.59 %
3 Months up  17.08 %
1 YTD up  19.62 %

(*) Stock Price at the time of the recommendation.
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