10 Best Nancy Pelosi Stocks to Buy in 2024: Examining Former House Speaker’s Stock Portfolio

Nancy Pelosi, a former House Speaker and leader of the House Democrats for 20 years, is one of the most active stock traders among U.S. politicians. She is married to Paul Pelosi, an owner of the San Francisco-headquartered venture capital firm Financial Leasing Services.Thanks to the STOCK Act that went into effect in April 2012, all lawmakers have to disclose their stock trading within 45 days of the transaction. This gives the broader public a unique insight into stock trading dealings the politicians engage in.While Nancy Pelosi stepped down as the leader of Democrats in early 2023, she is still actively reporting new trades. It is worth noting that all stock buys reported by Nancy Pelosi are, in fact, made by her spouse. The Pelosi couple has been mostly selling their stock holdings since last summer, decreasing their position in companies like Tesla, Walt Disney, Netflix, and, most recently, Alphabet. According to Congress Trading, Pelosi lost $500,000 on Tesla stock alone, before selling it in December 2022. However, with the US equities rejecting the 2022 lows and rebounding strongly in 2023 and 2024 – in some cases, close to their all-time highs – the Pelosi couple has significantly financially benefited from their exposure to the stock market.With that in mind, let’s examine the last 12 stock holdings and their respective positions that Nancy Pelosi and her husband bought. The data was collected from Capitol Trades, a website tracking stock trading reports of U.S. politicians. It is worth noting that the table doesn’t include multiple entries for the same company but only includes the most recent trade pertaining to a particular stock. *Pelosi’s stock trades are sorted in reverse chronological order. The table doesn’t include sell orders. Source
**Closing market price of an asset on the day the buy order was executed.In the following sections, we are going to explore which stocks Nancy Pelosi and her husband, Paul Pelosi, own. As mentioned above, we’re going to look at the latest 12 stock holdings the Pelosi couple bought. These buys were made between 2022 and 2024.Palo Alto Networks (PANW) is a multinational cybersecurity company known for its advanced firewalls and cloud-based security solutions. It offers products that protect networks, cloud, and endpoints, integrating innovative technologies to prevent cyber threats and ensure secure digital environments for businesses and organizations.Pelosi bought PANW close to its all-time high earlier this year. The stock has retraced by more than 30% since then, primarily due to lower-than-expected revenues and growth.Apple (AAPL), the U.S. tech behemoth primarily known for its iPhone and Mac line of products, leads the list of the largest companies in the world with a market cap of $2.56 trillion, over $500 billion ahead of the third-placed tech behemoth Nvidia.Apple is one of the few companies in the tech sector that has avoided layoffs in 2022 and 2023. In its latest earnings report, Apple beat EPS estimations by 3.66%, despite the global economic slowdown and logistics problems – that’s one of the reasons why it was included on our list of the best stocks to buy.Microsoft (MSFT) is another big tech company that the Pelosi couple has been investing in over the years – and it’s easy to see why. In the last five years, the price of MSFT increased by over +208%, enough for Microsoft to become the most valuable business with a market cap of $2.98 trillion. In addition to its Office and Windows cash cow, Microsoft Corporation has been heavily investing in AI technology. In early 2023, it committed to investing $10 billion in OpenAI, the company behind the hugely popular ChatGPT, making it one of the best AI stocks to buy if you seek exposure to the AI boom.Alphabet (GOOG) is a holding company encompassing Google and several former Google subsidiaries. With a market cap of $1.95 trillion, it is the fourth largest company by market valuation in the world. In 2023, the company decided to lay off 12,000 employees, or 6% of its entire workforce. The move follows a dip in total earnings and the increased competitors in the LLM space, with Google lagging behind Microsoft due to ChatGPT integrations in Bing, Copilot, and other services.Founded in 2013, Nvidia Corporation (NVDA) is an American technology company specializing in the design and manufacturing of graphics processing units (GPUs). It is one of the top metaverse companies in the world, with a market cap of close to $2 trillion.Nvidia has been one of the biggest benefactors of the ChatGPT arms race, as the ability to supply high-performance computer hardware needed for the advanced AI bot is right up the company’s alley. In fact, it has already shown impressive growth in the past 12 months, with a +200% NVDA price increase.The leading electric car manufacturer Tesla has seen its value dip more than any other of Nancy Pelosi’s stock holdings. After hitting an all-time high of $407 in November 2021 (accounting for the August 3-for-1 stock split), the price eventually bottomed out at around $102 in January, a decrease of more than 75%.Breaking: Pelosi reports heavy selling in late December. She lost a half a million dollars on Tesla $TSLA (see note). Welcome to congress trading twitter @elonmusk. Report consolidated. pic.twitter.com/BQiEt2C9lpAccording to Congress Trading, Pelosi took a financial hit of over $500,000 before eventually selling 5,000 shares of Tesla stock in December. On a related note, the poor stock performance coupled with logistics problems led to Tesla cutting its headcount by 10,000 in 2022, with additional layoffs in 2023. AllianceBernstein (AB) is a global investment management firm based in Tennessee. It provides various financial services such as asset management, wealth management, and research services. As of December 2021, the firm had $731 billion in assets under management (AUM).AllainceBernstein has weathered the economic downturn throughout 2022 better than most companies in Nancy Pelosi’s stock investments. Since the start of 2023, however, the stock recorded a very healthy uptrend of more than 30%.American Express (AXP) is a multinational financial services corporation best known for its credit card business. It offers a range of products and services, including credit cards, charge cards, travel services, and loans. The company is headquartered in New York City and operates in over 130 countries worldwide.The price of AXP has increased by more than 20% since the start of the year, which is in line with most stocks in the financial sector. According to our American Express stock forecast, the price of the AXP stock could experience a strong correction in the coming months, falling from $234 to $184 over the next 3 months.PayPal Holdings (PYPL) is an American company that operates a worldwide online payment system that supports online money transfers. PayPal customers can send and receive payments, as well as use a debit card linked to their PayPal account for online and in-person purchases. In addition to fiat options, the platform allows users to buy, hold and sell crypto assets.The price of PayPal stock saw a huge dip in the medium term, falling from a multi-year high of $308 in 2021 to its bottom of $50 in October 2023. Pelosi bought the stock just before the massive correction for $163 per share, spending between $250,000 and $500,000 on the purchase. It is currently trading around the $66 mark.The Walt Disney Company (DIS) is widely regarded as the largest entertainment conglomerate in the world. It owns some of the most popular IPs in the world, including Marvel Entertainment, Pixar, Vice Media, Lucasfilm, and others. Moreover, the entertainment giant owns numerous theme parks and a popular streaming service Disney Plus.Pelosi entered a Walt Disney position value between $500,000 and $1,000,000 in January 2022 when the stock was trading at $137. The price of the stock has since lost more than 21% and currently commands a market cap of over $207 billion.Despite being prominently featured by many news outlets as the most active trader among U.S. politicians, former House Speaker Nancy Pelosi (or, more accurately, her husband) is far from being the most active stock market investor among the members of Congress.Per Capitol Trades, that honor (at least in terms of total trading volume) belongs to Michael McCaul, a Republican member of the House of Representatives whose total trading volume in the last 3 years amounts to $564 million. For context, Pelosi is ranked 8th on the list, with a total trading volume of $55 million over the same time period.Despite Pelosi being quite far removed from the top spot of most actively trading politicians, Republican senator Josh Hawley introduced a bill named after her in late January. The so-called “PELOSI Act” aims to ban stock trades by lawmakers and their spouses and give them six months of time to divest their holdings upon assuming office.As a rule of thumb, many politicians seem to be investing in large blue-chip companies, including Apple, Microsoft, Disney, and others. In addition, dividend aristocrats also seem to be a popular buy among the group.