From Yahoo Finance: 2025-05-15 12:20:00

Nancy Tengler, CEO of Laffer Tengler Investments, trimmed her position in Walmart Inc. (WMT) to buy shares of Big Tech stocks before Walmart’s first-quarter results were reported. Tengler cited WMT as “fully valued” with an “outsized position” in her portfolio. However, she remains bullish on the retailer, noting its technological advancements and dividend increases. Tengler recently acquired Tesla (TSLA), Palantir (PLTR), Microsoft (MSFT), and Uber (UBER) stocks. While recognizing potential in WMT, Tengler believes AI stocks offer greater returns in a shorter timeframe. For more on undervalued AI stocks, visit Insider Monkey’s report.



Read more at Yahoo Finance: Nancy Tengler Trimmed Her Walmart Inc. (WMT) Position, Bought Several Big Tech Names