economy
February 2, 2026
We just got reasons to love these 2 portfolio stocks even more
Goldman was tapped to advise a $58 billion merger. Mizuho says buy the Broadcom dip.
TL;DR
- Goldman Sachs is advising on Coterra's $58 billion merger with Devon, the largest energy sector deal since 2024.
- This merger activity is seen as positive for Goldman Sachs' investment banking business.
- Analysts recommend buying Broadcom, citing accelerated earnings potential from custom chip business opportunities.
- Meta Platforms is identified as a potential large customer for Broadcom's custom chips.
- Broadcom is also benefiting from its work with Alphabet's Google on tensor processing units.
- Analyst price targets suggest significant upside for Broadcom, though some investors are waiting for a better entry point.
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