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MarketBeat
MarketBeat
Business
Gabriel Osorio-Mazilli

Pelosi Makes Big Bet on Broadcom—Here’s Why It Matters

For better or for worse, there is now an uncommon indicator that investors can consider when searching for the next big potential move in the stock market: keeping track of what members of the United States Congress are buying or selling for their portfolios. While there is a lot of red tape around the fact that these individuals (with potential inside information) are buying, the fact is that investors can still benefit from this information.

One specific investor is Nancy Pelosi, who has become famous for her bold calls in the technology sector over the past couple of years, to the extent that whatever she ends up buying or selling is now seen as one of the surest indicators of a stock's future direction. For this reason, investors should pay attention to her latest stock pick, as evidence will suggest a much broader theme is developing in its favor.

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