Retail investors are optimistic about stock market involvement, with a surge in Broadcom Inc. shares.

From Yahoo Finance: 2024-06-20 21:47:00

Retail investors make up a significant portion of the investing community, with 162 million Americans owning shares in public companies, according to Gallup. The internet has democratized information, leading to increased stock market involvement. Many new investors started investing in 2020 and continue to be optimistic about their prospects for success in the market. Despite the fear of losing money, retail investors are investing in risky assets, with a majority holding single stocks and crypto assets in their portfolios. Bloomberg, ranked 9th on the list of Best Websites To Research Stocks, recently reported a surge in Broadcom Inc. shares after strong AI computing demand fueled growth. 115 hedge funds were long on Broadcom Inc. in Q1, with a total value of $14.73 billion. Carillon Eagle Growth & Income Fund highlighted Broadcom Inc.’s continued success in AI-related silicon sales and focus on integrating its acquisition of VMware.



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