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2026-10-01 13:30 • The Motley Fool Positive Axe Cap view: Selective

Broadcom has surged 330% over three years, becoming the world's ninth-most valuable company at $1.68 trillion market cap, primarily driven by its AI chip and networking equipment business. The article analyzes whether the stock can still create millionaires, concluding that investors with a 20-year horizon and monthly investments of $750-$1,500 have a realistic path to $1 million. While trading at an expensive 30x forward earnings, Broadcom's diversified business across smartphones, broadband, and data center infrastructure provides stability beyond current AI hype.

Axe note: Broadcom’s chip business rides the AI wave, but its rich valuation demands caution for South African investors.

2026-10-01 13:26 • The Motley Fool Positive Axe Cap view: Selective

ASML and SK Hynix are compared as semiconductor infrastructure investments. ASML dominates lithography equipment with consistent growth (15.6% revenue growth, 29% net margin) and lower valuation risk, while SK Hynix leads in memory chips with stronger recent recovery (47% revenue growth, 44% net margin) but higher cyclical volatility. ASML is recommended for long-term 10-year investing, while SK Hynix may offer higher short-term returns with greater risk.

Axe note: Comparing semiconductor giants ASML and SK Hynix through a South African lens reveals clear trade-offs in risk and return.

2026-10-01 13:23 • The Motley Fool Positive Axe Cap view: Bullish

Costco is a compelling long-term investment regardless of whether it pays a special dividend in 2027. The warehouse retailer demonstrates strong fundamentals including nearly 90% membership renewal rates, growing customer base (84.1 million paid members), expanding store count (939 stores in fiscal 2026, targeting 967 in fiscal 2027), and a loyal customer base driven by bulk pricing and private-label Kirkland Signature brand. With $20.2 billion in cash on hand, a special dividend remains possible but is not necessary to justify ownership.

Axe note: Costco’s fundamentals and cash flow make it a solid buy even if the rumored special dividend doesn’t materialize in 2027.