Why Congress Is Betting Big on Broadcom in 2024 Hosted by Bridget BennettSeptember 26, 2024 ShareLink copied to clipboard. Play video for Why Congress Is Betting Big on Broadcom in 2024DetailsGuestsBroadcom is catching the attention of Congress, with several members making recent stock purchases. MarketBeat analysts Thomas and Chris dive into why Broadcom, a major player in the chip and AI industry, is seeing accelerated growth and how the upcoming Apple upgrade cycle could fuel even more gains. Learn how Congressional buying and recent stock splits could signal future momentum for this hot stock.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioAVGOBroadcom4.8833 of 5 stars$237.98-1.2%0.99%194.12 Add This Stock to My Watchlist Bridget Bennett, HostAssociate Editor, MarketBeatAlways the talker, Bridget Bennett turned her passion for people and sharing stories into a career in communications. She started working as a journalist in high school at her local county paper in Ellendale, North Dakota. After moving to Dallas for college at Southern Methodist University, she quickly fell in love with visual storytelling and started her career as a news anchor and reporter.Bridget brings her 12 years of experience in broadcast writing and video production to the MarketBeat content team. She's also an energetic, creative thinker and lifelong learner, so she's always bringing new ideas. Bridget is thrilled to be part of an innovative team that is constantly looking to create useful content people can connect with.When she's not working, Bridget is a busy mom of three and can be found at just about every activity or outing in town. She is also an adoption and foster care advocate and helps support foster children and families through her nonprofit volunteer work. She and her husband, Jason, grew up together and have spent their lives exploring the world through travel, hiking and ministry.Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatCollect $7k per month from Tesla’s SECRET dividendTesla doesn't pay a traditional dividend.... But I just discovered a secret backdoor to collect a secret 69...Investors Alley | Sponsored7 ETFs to Invest in Now for Maximum ReturnsIn the last 12 months, many investors have heard that this is a “stock picker's market." This means that...MarketBeatTrump’s Sending THIS Crypto Higher on PurposeDiscover the coin set to explode in 2025! Trump could trigger THIS crypto coin… Crypto 101 Media | Sponsored7 High-Yield Dividend Stocks Outperforming 10-Year TreasuriesIn March 2023, the yield on the 2-Year Treasury Note reached 5%. Many can remember the gut-wrenching move in m...MarketBeat$2 Trillion Disappears Because of Fed's Secretive New Move$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being c...Stansberry Research | Sponsored7 Stocks to Buy as the Travel Bubble Shows No Signs of BurstingIn 2020, travel stocks were in bad shape. Many hotels and airlines faced short-term revenue declines of up to ...MarketBeat Listen to MarketBeat Other Platforms Broadcom Hits $1 Trillion – Can This AI Powerhouse Go Higher?AVGO is up 30% since earnings: could Broadcom be the next member of the Magnificent Seven? Can it sustain this momentum or is a pullback on the horizon? Recent Videos Featured Articles and OffersBeyond Rigetti: Top 3 Quantum Computing Stock PicksJanuary 21, 2025View Beyond Rigetti: Top 3 Quantum Computing Stock PicksElon Musk’s FINAL MoveFrom Behind the Markets(Ad)View Elon Musk’s FINAL MoveUber’s NVIDIA Deal and Buybacks Signal Major UpsideJanuary 17, 2025View Uber’s NVIDIA Deal and Buybacks Signal Major UpsideAI Demand Sparks Opportunities for These 3 Nuclear Energy LeadersJanuary 17, 2025View AI Demand Sparks Opportunities for These 3 Nuclear Energy LeadersTop ETFs That Beat the Market in 2024 and Could Do It AgainJanuary 18, 2025View Top ETFs That Beat the Market in 2024 and Could Do It AgainTrump Insider: Day One will Shock EveryoneFrom InvestorPlace(Ad)View Trump Insider: Day One will Shock Everyone Search Headlines Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Hosted by Bridget BennettSeptember 26, 2024 ShareLink copied to clipboard. Play video for Why Congress Is Betting Big on Broadcom in 2024DetailsGuestsBroadcom is catching the attention of Congress, with several members making recent stock purchases. MarketBeat analysts Thomas and Chris dive into why Broadcom, a major player in the chip and AI industry, is seeing accelerated growth and how the upcoming Apple upgrade cycle could fuel even more gains. Learn how Congressional buying and recent stock splits could signal future momentum for this hot stock.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioAVGOBroadcom4.8833 of 5 stars$237.98-1.2%0.99%194.12 Add This Stock to My Watchlist Bridget Bennett, HostAssociate Editor, MarketBeatAlways the talker, Bridget Bennett turned her passion for people and sharing stories into a career in communications. She started working as a journalist in high school at her local county paper in Ellendale, North Dakota. After moving to Dallas for college at Southern Methodist University, she quickly fell in love with visual storytelling and started her career as a news anchor and reporter.Bridget brings her 12 years of experience in broadcast writing and video production to the MarketBeat content team. She's also an energetic, creative thinker and lifelong learner, so she's always bringing new ideas. Bridget is thrilled to be part of an innovative team that is constantly looking to create useful content people can connect with.When she's not working, Bridget is a busy mom of three and can be found at just about every activity or outing in town. She is also an adoption and foster care advocate and helps support foster children and families through her nonprofit volunteer work. She and her husband, Jason, grew up together and have spent their lives exploring the world through travel, hiking and ministry.Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatCollect $7k per month from Tesla’s SECRET dividendTesla doesn't pay a traditional dividend.... But I just discovered a secret backdoor to collect a secret 69...Investors Alley | Sponsored7 ETFs to Invest in Now for Maximum ReturnsIn the last 12 months, many investors have heard that this is a “stock picker's market." This means that...MarketBeatTrump’s Sending THIS Crypto Higher on PurposeDiscover the coin set to explode in 2025! Trump could trigger THIS crypto coin… Crypto 101 Media | Sponsored7 High-Yield Dividend Stocks Outperforming 10-Year TreasuriesIn March 2023, the yield on the 2-Year Treasury Note reached 5%. Many can remember the gut-wrenching move in m...MarketBeat$2 Trillion Disappears Because of Fed's Secretive New Move$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being c...Stansberry Research | Sponsored7 Stocks to Buy as the Travel Bubble Shows No Signs of BurstingIn 2020, travel stocks were in bad shape. Many hotels and airlines faced short-term revenue declines of up to ...MarketBeat