Former House Speaker Nancy Pelosi Nearly Tripled the S&P 500’s Returns in 2023: Here Are the Stocks She’s Been Buying
From Nasdaq: 2024-04-28 05:50:00
Nancy Pelosi, D-Calif., has impressive political achievements and a knack for investing. In 2023, she nearly tripled the S&P 500’s returns, ranking ninth among Congress members in returns. Her husband, Paul Pelosi, is listed as the owner of all their trade disclosures. Pelosi’s recent purchases include stocks like Apple and Microsoft.
Over the past year, Pelosi has bought Apple and Microsoft shares at favorable prices. Her husband acquired 5,000 Apple shares for $80 each and 5,000 Microsoft shares for $180 each. Additionally, Paul Pelosi recently bought call options for Nvidia and Palo Alto Networks, with potentially lucrative outcomes.
Pelosi’s stock picks may face valuation concerns, but Apple, Microsoft, Nvidia, and Palo Alto Networks show promise. With advances in generative AI and increased demand for cybersecurity solutions, these stocks could offer long-term growth potential. Pelosi’s investment choices align with trends in the tech and cybersecurity sectors.
Considering investing in Apple? The Motley Fool Stock Advisor team recommends other stocks with potential for greater returns. Stock Advisor has outperformed the S&P 500 since 2002 and provides expert insights, stock picks, and portfolio guidance. While Apple remains a strong stock, other opportunities may yield even greater gains in the future.
Keith Speights, the author, holds positions in Apple and Microsoft. The Motley Fool has positions in and recommends Apple, Microsoft, Nvidia, and Palo Alto Networks. They also recommend certain options for Microsoft. These opinions do not necessarily reflect Nasdaq, Inc.’s views.
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