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Broadcom's Push Into the 'Internet of Things' Will Be a Winner

2014-09-12 21:16:26| Semiconductors - Topix.net

With a cash position of more than $3 billion and another $2 billion in operating cash flow, Broadcom now has its eye set on the emerging "Internet of Things" market, or IoT. This makes sense and could push the stock towards $50 in the next 12 to 18 months.

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