15 Best Nancy Pelosi Stocks To Invest In Now

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6. Broadcom Inc. (NASDAQ:AVGO)

Number of Hedge Fund Holders: 161

Broadcom Inc. (NASDAQ:AVGO) supplies semiconductor infrastructure software solutions.  A financial disclosure report shows that Pelosi purchased 20 CALL options on Broadcom Inc. (NASDAQ:AVGO) stock in late June 2024 worth somewhere between $1 million and $5 million. The strike price was $800 with an expiration date of late June 2025. Following the first fiscal quarter earnings report by the chipmaker, Morgan Stanley analyst Joseph Moore wrote in a note to clients that given the anxiety about AI conditions in general, these results should come as a relief, and the strength of AI Ethernet is encouraging. Moore upped his price target on Broadcom to $260 and reiterated his Overweight rating following the results.

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