Broadcom stock fell sharply due to tariffs, but has potential growth with AI
From NASDAQ.: 2025-04-18 17:30:00
The stock market has seen significant declines recently due to the Trump Administration’s tariff announcement, causing stocks like Broadcom (NASDAQ: AVGO) to fall nearly 40% off their highs. Investors may be wondering if now is a good time to buy Broadcom after its recent bounce back. The company’s growth outlook has improved with the rise of artificial intelligence (AI), offering a revenue opportunity of $60 to $90 billion by 2027. However, despite the strong growth potential, Broadcom’s high price-to-earnings ratio may indicate that the stock is overvalued, posing risks for investors. Consider all factors before investing in Broadcom.
Read more at NASDAQ.: Broadcom Stock Just Bounced After One of Its Sharpest Declines in a Decade. Is the Stock a Buy Now?