Down About 18% From Recent Highs, Is Broadcom Stock a Buy?

Broadcom's AI growth is impressive. But its latest profit margin message is a reality check for the stock's pricey valuation.Broadcom (AVGO +0.44%) shares have fallen about 18% from recent highs, with much of that decline coming when the semiconductor and data-center networking specialist reported fiscal fourth-quarter results and issued guidance for the current quarter.Interestingly, the drop was not sparked by weak sales. In fact, sales soared during the quarter. So what caused the stock to get hammered? ...