Top Picks 2016: Broadcom
01/14/2016 7:00 am EST
The rates at which the Internet and digital systems are expanding into nearly all aspects of life is accelerating, suggests Jim Powell, editor of Global Changes & Opportunities.
It isn’t just the number of new technologies that is having a big impact on our lives, it is the way in which they are starting to work together that is so important.
Anyone with a computer, a tablet, or a smartphone can now tap into a vast system whose capabilities are skyrocketing.
One company that is in the catbird’s seat to benefit from the “smart everything” revolution is Broadcom (BRCM).
The company’s single-minded mission is to connect everything to everything else. Broadcom believes that 99.98% of global Internet traffic crosses at least one of its chips during every exchange.
Broadcom has hundreds of products, many of which dominate their markets. Areas of focus include online entertainment, Internet in automobiles, consumer electronics, GPS, mobile systems of every kind, encryption chips, and commercial data and communications…to name only a few.
Customers include Amazon, Cisco Systems, DirecTV, and Samsung. With the number of connected devices likely to reach 50 billion by 2020, I believe the outlook for Broadcom is excellent.