Last month, Rep. Nancy Pelosi and her husband Paul made changes to their investment portfolio, according to new documents. Pelosi purchased 10,000 shares of Nvidia and 20 call options on Broadcom, both valued between $1 million and $5 million. Both companies have seen significant gains this year, with Nvidia up 154% and Broadcom up 52% year-to-date due to increased AI-related spending.
Additionally, Pelosi reduced her stake in Tesla by selling 2,500 shares, with a total value between $250,001 and $500,000. She also sold 2,000 shares of Visa, valued between $500,000 and $1 million. The transactions took place between June 24 and July 1.
These adjustments reflect Pelosi’s investment strategy and interest in companies involved in cutting edge technologies like AI and electric vehicles. The investments in Nvidia and Broadcom align with the overall trend in the market towards these sectors, while the decision to reduce stakes in Tesla and Visa may indicate a shift in her investment priorities.
Overall, Pelosi’s investment decisions highlight her ability to navigate the complex world of finance while serving as a prominent political figure. By diversifying her portfolio and taking advantage of market trends, she continues to demonstrate a strategic approach to managing her financial assets.
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https://ca.investing.com/news/stock-market-news/nancy-pelosi-buys-nvidia-and-broadcom-shares-offloads-tesla-3484036
