US House Speaker Nancy Pelosi has continued her active role in the stock market despite new disclosure forms revealing recent trades. The California Democrat focused on mega-cap tech stocks, buying $150-strike call options on Alphabet (GOOG) and Amazon (AMZN). She also sold shares of Apple (AAPL), Nvidia (NVDA), and exercised options on NVDA.
Pelosi’s portfolio has gained 70.9% in 2024, outperforming the S&P 500 Index. Her trades have sparked debate over potential insider trading advantages. However, Pelosi remains a notable figure in the trading community, with her influence reflected in the Unusual Whales Democratic Trades ETF (NANC).
Investors looking to replicate Pelosi’s strategy may consider mega-cap tech stocks like Apple, Alphabet, and Amazon. These companies have strong market positions and consistent performance. Despite high current prices, a long-term investment horizon can help navigate market volatility.
Source: https://www.barchart.com/story/news/30536007/nvidia-apple-and-5-more-ai-stocks-nancy-pelosi-is-trading-now