#Green zone plus#

As BMO Capital analyst Ambrish Srivastava cited in a recent upgrade, AI-related growth, plus a rebound in demand among Broadcom’s non-AI customers, points to a double-digit jump in earnings in the coming years.īetter yet, when you consider the cost and growth synergies that may result once Broadcom’s pending merger with VMware (NYSE: VMW) closes, earnings growth could come in even stronger than Srivastava’s forecast. This is largely due to the emergence of the generative artificial intelligence (or generative AI) trend.ĪVGO stock has slipped lower more recently, but even as excitement over AI takes a breather, keep in mind that AI growth isn’t slowing down. AVGO has performed extremely well during this time frame.

#Green zone software#

Shares in mobile chip and infrastructure software giant Broadcom (NASDAQ: AVGO) have been in the “Green Zone stocks” category for over seven months. These three blue-chip stocks to watch are currently in the “Green Zone.” View any move into the Red Zone as a warning sign to exit your position for now. VQ can be useful when adding stop losses to positions. Stocks entering the “Red Zone,” have corrected by more than their calculated volatility quotient. When a stock in your portfolio goes from green to yellow, it may be a good time to reassess whether to maintain the position.

Broken down into three “zones” (green, yellow, and red), you’ll have a general idea about whether it’s best to be bullish, bearish, or neutral on a particular stock.Īs you may have guessed, stocks in the “Green Zone” are performing well, with little indication that the trend is on the verge of shifting.Ī stock in the “Yellow Zone” has corrected by more than 50% of its volatility quotient (or VQ), a proprietary TradeSmith metric that helps measure a stock’s risk. Using this metric, you can quickly find potential opportunities to explore.

This comprehensive indicator provides an overall rating of a stock’s current health. A good example is its Health Indicator feature. TradeSmith offers investors valuable tools for determining which stocks to watch.

Blue-chip stocks represent ownership in established, financially sound businesses, but are the blue-chips you’re taking a look at today in the “Green Zone stocks” category?