Nancy Pelosi’s Best-Performing Stock

Originally published on InvestorPlace.com

Here are parts 1 and 2.

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.

Nvidia (NVDA)

Nvidia (NVDA) company logo displayed on mobile phone screen

Source: Piotr Swat / Shutterstock.com

Undoubtedly one of the favorite (if not the favorite) ideas among Nancy Pelosi stocks, Nvidia (NASDAQ:NVDA) has been kicking the bears’ hindquarters since the closing months of 2022. The former House Speaker last acquired NVDA in November last year. It’s been a lucrative decision. Over the past six months (going back to Nov. 2), NVDA gained over 97% of its equity value.

That’s really nothing compared to the past 52-week performance, when NVDA ripped out a 204% return. Nvidia of course is best known for its graphics processing units. Initially, these GPUs focused on gaming applications. Increasingly, though, their processing capabilities served myriad other functions, such as datacenters and of course AI. With more enterprises focused on digital intelligence, Nvidia commands an enviable advantage in the space.

Admittedly, there is a risk regarding AI being overhyped. If so, a steeper correction could materialize than the one we’ve seen. Still, analysts don’t seem worried one bit. For the current fiscal year, they’re targeting revenue of $111.92 billion, up 83.7% from last year’s tally of $60.92 billion.

Must be grand to live a life of public service.

Before you invest in NVDA, however, you should read this…

AI stock with 300x more potential than NVIDIA?

Sponsored

You've probably read about NVIDIA's recent earnings blowout…

Where it revealed that thanks to demand for AI, its future earnings will crush previous expectations.

The markets reacted by sending NVIDIA's stock surging by almost 25% in a single day…

An impressive feat when you consider it was already a $700+ billion stock before that surge.

If you already owned NVIDIA stock before the jump – congratulations…

But if you didn't, don't worry…

Because I've just discovered an undercover AI stock that I believe could do 300 times better than NVIDIA.

I believe this small-cap stock could deliver Huge returns in 2024 – which would be 300 times better than NVIDIA's 25% surge.

So just click here to get your hands on my $3 AI Wonder Stock that could make you richer in 2024 (plus a whole lot more)