3 Reasons Why the Broadcom Stock is a Buy Despite 17% YTD Dip

Broadcom AVGO shares have dropped 17.3% year to date (YTD). The company has been suffering from the ongoing sell-off in technology stocks amid rising fears of a recession following U.S. President Donald Trump’s decision to levy tariffs on top trading partners, including China, Mexico and Canada, which has increased the chances of a trade war. Technology companies, including Broadcom, import key parts to international markets, which makes them vulnerable to a trade war. 

However, we believe…