Down 20%, Should You Buy Broadcom Shares on a Dip? The answer may surprise you. | The Motley Fool
The semiconductor sector experienced a brutal selloff last week, and it began Broadcoms (AVGO 7.49%) The latest quarterly earnings report on Wednesday evening. Despite posting a strong result, the company’s forward guidance fell short of Wall Street’s expectations, sending its stock down 20%. Broadcom is a high-profile business with a strong demand pipeline for its …