Wells Fargo Says You Should Buy Falling Broadcom Stock
Shares of chipmaker Broadcom (AVGO) fell 4.2% on Jan. 14 as investors digested a series of headwinds. Reports of a Chinese directive against US software, a multibillion-dollar debt offering and major domestic stock sales converged, briefly denting sentiment and compressing near-term sentiment. Wells Fargo analysts see the pullback as an opening rather than a warning….