1 Genius Stock to Buy Down 30% From Its High During the Nasdaq Bear Market

The current stock market's drastic moves may be giving some investors whiplash. However, plenty of stocks are worth buying even after Wednesday's massive rise. One of those is Broadcom (NASDAQ: AVGO), as the market hasn't priced in the future growth of an exciting product line.At one point, Broadcom's stock was down around 40% from its all-time highs, but has since rebounded to be down around 30%. Whether you're paying a discount of 25% or 40% from its all-time high, there isn't a lot that's going to derail Broadcom, and investors should use this opportunity to load up on shares.Narrowing down what Broadcom does in this form is incredibly hard to do. It has its fingers in places from cybersecurity to mainframe software to data center connectivity switches. However, some of the biggest focuses in the company are virtual desktop offerings and its custom artificial intelligence (AI) accelerators.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool