The semiconductor stock is down significantly in 2022, which could be an opportunity for investors to buy this excellent business at a discount.
Broadcom (AVGO -4.31%) is a semiconductor company that's generating excellent profit margins. It's no surprise that investors would ask if Broadcom's stock is a buy right now.
*Stock prices used were the afternoon prices of Nov. 29, 2022. The video was published on Nov. 29, 2022.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Broadcom Ltd. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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