From Nasdaq: 2025-05-08 18:05:00

Investment funds will soon disclose their first-quarter stock holdings, revealing early 2025 investments amidst market volatility. The Teacher Retirement System of Texas cut stakes in Nvidia, Tesla, and Apple, but increased holdings in a pharmaceutical stock that has seen a 419% rise in the last five years.

Tech stocks like Nvidia faced challenges as Chinese company DeepSeek developed a chatbot rivaling OpenAI’s with less resources. Tesla struggled amid CEO Musk’s political involvement and reports of falling demand. Apple shares held up better but faced concerns over manufacturing in China and the impact of tariffs.

Eli Lilly, a stable pharmaceutical stock, saw an 11% increase in holdings by TRS fund. Strong performance was driven by GLP-1 drugs, with notable revenue increases for key products. The company remains focused on new drug development and growth, reaffirming revenue guidance for the year.

Investors are advised to diversify portfolios with stocks like Eli Lilly, recommended by Motley Fool’s analyst team. The company has shown strong returns, competing with tech and AI innovators. Stock Advisor’s top 10 list has historically outperformed the S&P 500, offering potential for significant returns.



Read more at Nasdaq: One of the Largest Teacher Pension Funds in the U.S. Sold Nvidia, Tesla, and Apple and Piled Into a Popular Pharmaceutical Stock Up 395% Over the Last 5 Years