Down Between 17% and 35% From Their 52-Week Highs, Should You Buy the Dip on Nvidia, Broadcom, and AMD?
Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), and Broadcom (NASDAQ: AVGO) have been some of the hottest semiconductor stocks over the last couple of years. But recently, the artificial intelligence-fueled rally has cooled, sending Nvidia down 17% from its all-time high, Broadcom down 18%, and AMD down 35%.
Let's determine whether the sell-off is a buying opportunity, or if these growth stocks ran up too far, too fast.
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Source Fool.com
Advanced Micro Devices Inc. Stock
€122.88
-7.920%
The stock is one of the favorites of our community with 89 Buy predictions and 2 Sell predictions.
With a target price of 175 € there is a positive potential of 42.42% for Advanced Micro Devices Inc. compared to the current price of 122.88 €.
