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Pelosi loads up on NVDA and AVGO: Copy or caution?
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Nancy Pelosi Is Buying Up Nvidia Stock Again

Nancy Pelosi Is Buying Up Nvidia Stock Again
Nancy Pelosi purchased 10,000 shares of $NVIDIA(NVDA.US)$ last month, worth between $1 million and $5 million.
Pelosi also bought call options on fellow chipmaker, $Broadcom(AVGO.US)$ worth between $1 million and $5 million.
The congresswoman also sold some of her holdings in both $Tesla(TSLA.US)$ and $Visa(V.US)$ .
Pelosi Earns Millions From NVDA Stock
Pelosi’s picks shouldn’t come as too much of a surprise to those keeping track.
This isn’t the first time Pelosi has invested in Nvidia. She is rather well-known for profiting big from Nvidia in the past. Over the years, Pelosi has repeatedly invested in the semiconductor giant. As of May, Pelosi and her investor husband have profited almost $4 million from Nvidia call options.
Reasonably so, Nvidia is one of the biggest winners in the stock market this year. The chipmaker has passed $Microsoft(MSFT.US)$ as the largest publicly traded company by market capitalization. NVDA stock is up 154% this year on outstanding earnings numbers.
Broadcom is also performing excellent this year, in the green 52% year-to-date.
It hasn’t been all peaches and cream for Pelosi however. The congresswoman has faced criticism for allegedly profiting off potential inside information that presents itself due to the nature of her high-profile position. Specifically, the former House Speaker traded Nvidia shares while the CHIPS and Science Act was in the middle of discussion on the house floor.
Still, Pelosi has never been formally reprimanded for her or her husband’s investments and remains one of the most profitable public elected officials on record regarding stock trading.
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