3 Nancy Pelosi Stocks Worth Scooping Up This November
Congresswoman Nancy Pelosi is known primarily as a leading politician, but she also has a commendable track record as an investor. While her portfolio’s success may rival some prominent hedge funds, investors should still exercise caution when emulating high-profile names.
Why Follow Nancy Pelosi’s Trades?
Pelosi’s trading activity is public, offering valuable insight into her investment choices. Reviewing her portfolio can highlight promising opportunities for November.
Top Stock Picks
Alphabet Inc. (NASDAQ: GOOG)
Alphabet, a dominant player in artificial intelligence, is a key holding in Pelosi’s portfolio. This aligns with the broader trend where many top investors maintain positions in this “Magnificent Seven” tech giant.
Despite a more than 45% surge year-to-date, Alphabet remains appealing as a value stock in the tech sector. Its shares currently trade at just over 27 times trailing price-to-earnings (P/E) ratio. This appears undervalued given the firm’s leading position in AI innovation.
I think a multiple closer to 35 times P/E would make more sense, especially if the strong third quarter is just the start of its AI liftoff.
With AI competition intensifying, particularly as Gemini aims to surpass ChatGPT next year, Alphabet is well-positioned in this advancing market.
Author’s Summary
Nancy Pelosi’s investment choices reflect strategic insight, especially in AI-driven stocks like Alphabet, offering thoughtful guidance for cautious investors this November.