Originally published on InvestorPlace.com
Follow the true oracle with these Nancy Pelosi stocks.
While you might not agree with the political stuff, Nancy Pelosi stocks have represented a tremendously popular topic. You might say there’s bipartisan support for tracking the securities that the former House Speaker has acquired.
Investors have plenty of reasons to consider trading alongside the legislator. First, Pelosi is smart. Again, you can disagree with her politics. However, you don’t rise to power (and stay there) without commanding tremendous intellect. Second, she knows how things work (or don’t work). If Pelosi feels strongly about a company, you should at least pay attention.
Granted, no one has a 100% success rate. Still, these Nancy Pelosi stocks have proven to be quite lucrative.
Elon Musk: “[This is growing] much faster than our car business.”
Sponsored
Spoiler: It's not AI
Take a look at this secretive Tesla facility below…
[Elon Musk's secretive Tesla facility. Lathrop, California.]
According to Musk, the venture tied to this facility is growing “much faster than Tesla's car business.” It's why Apple has invested a shocking $50 million to buy what's coming out of this building… And why Amazon is in for a chunk of capital too. It's crazy because this facility has NOTHINGto do with AI or even with Tesla's self-driving cars. Click here to see what I've discovered now because…
I believe these 5 tiny “silent partner” companies could be about to go vertical.
Microsoft (MSFT)
Source: The Art of Pics / Shutterstock.com
A longtime supporter of Microsoft (NASDAQ:MSFT), Pelosi last acquired shares of the technology giant in June of last year. It’s been an amazing investment. Sure, MSFT is only up 7% after suffering a recent correction due to broader tech sector momentum loss. However, in the past 52 weeks, it’s up more than 30%. That’s quite a turnaround from the days when MSFT was just a boring element in the landscape.
Much of the enthusiasm currently centers on the company’s investments in artificial intelligence. With more companies exploring the capabilities of generative AI, Microsoft positioned itself early. Bloomberg notes that the sector itself could be worth $1.3 trillion by 2032. That’s one big reason why MSFT ranks among the top Nancy Pelosi stocks.
Analysts anticipate a strong year in fiscal 2024, forecasting earnings per share to hit $11.79. That’s well above last year’s print of $9.81. On the top line, sales could fly up to $244.93 billion or a 15.6% increase from 2023’s haul of $211.91 billion. Moreover, the most optimistic revenue target calls for a print of $248.47 billion.
Read parts 2 and 3 over the next two days…
