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West Virginia Sen. Capito Is Buying GE and AVGO

January 7, 2025

In a recently filed Periodic Transaction Report, Senator Shelley Capito of West Virginia disclosed stock purchases in General Electric Company $GE and Broadcom Inc $AVGO.

The transactions, each valued between $1,000 and $15,000, signal potential confidence in these market-leading companies.

Last month, Broadcom had its best single day rally in history, breaking to new all time highs following earnings.

Price is currently consolidating in a tight pattern, digesting its gains.

The path of least resistance is clearly higher and we believe it is just a matter of time before AVGO continues its ascent.

Here’s The Hot Corner, with data from January 6, 2025:

Last but not least, Pleasant Lake Partners LLC filed a Form 4 for Tile Shop Holdings $TTSH revealing a purchase of $822,056.

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