Why Congress Is Betting Big on Broadcom in 2024 Hosted by MarketBeat StaffSeptember 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 RatioAVGOBroadcom4.9594 of 5 stars$162.08+1.5%1.31%140.82 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. 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Hosted by MarketBeat StaffSeptember 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 RatioAVGOBroadcom4.9594 of 5 stars$162.08+1.5%1.31%140.82 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 MarketBeatTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | Sponsored7 Dividend Achievers That Have Strong UpsideDividend stocks give investors the benefit of receiving consistent, passive income inside a growth investment....MarketBeatMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | Sponsored7 Mid-Cap Stocks to Buy for a Dealmaking Boom in 2025Since peaking in 2021, there's been less appetite for mergers and acquisitions (M&A) activity. In addition...MarketBeatYour bank is lying to you.You might think you have your money in a high-yield savings account, but do you really? The national average A...MyBankTracker | Sponsored13 Stocks With Strong Institutional BuyingHedge funds, university endowments, pension funds, and sovereign wealth funds have been pouring money into an ...MarketBeat
