This Super Semiconductor Stock Just Dropped Out of the $1 Trillion Club. Is This the Ultimate Buying Opportunity?
Only seven American companies are worth $1 trillion or more, so it's an ultra-exclusive club. But getting there is only half the battle, because investors can be unforgiving during times of uncertainty. Broadcom (NASDAQ: AVGO) and Tesla have discovered that firsthand -- they both dropped out of the trillion-dollar club this year.Broadcom stock is currently down 22% from the record high it set in December. With a market capitalization of $911 billion (as of this writing), it still trades at an elevated valuation, making it susceptible to further potential declines, particularly if this sell-off in the broader market worsens.However, Broadcom's artificial intelligence (AI) revenue continued to soar during its fiscal 2025 first quarter (which ended Feb. 2), and its long-term potential looks extremely promising. Investors will still have to pay a hefty premium to buy into this story today, but could the recent dip be the ultimate long-term opportunity?Continue reading
Only seven American companies are worth $1 trillion or more, so it's an ultra-exclusive club. But getting there is only half the battle, because investors can be unforgiving during times of uncertainty. Broadcom (NASDAQ: AVGO) and Tesla have discovered that firsthand -- they both dropped out of the trillion-dollar club this year.
Broadcom stock is currently down 22% from the record high it set in December. With a market capitalization of $911 billion (as of this writing), it still trades at an elevated valuation, making it susceptible to further potential declines, particularly if this sell-off in the broader market worsens.
However, Broadcom's artificial intelligence (AI) revenue continued to soar during its fiscal 2025 first quarter (which ended Feb. 2), and its long-term potential looks extremely promising. Investors will still have to pay a hefty premium to buy into this story today, but could the recent dip be the ultimate long-term opportunity?
