Reported about 1 month ago
Amidst the political climate and election season, several politicians are selling off top AI stocks such as Broadcom, Lam Research, and Microsoft, indicating a bearish outlook despite the sector's popularity. Representatives from both Democratic and Republican parties have sold shares in these companies, suggesting uncertainty about future performance. In contrast, some investors, including billionaires, remain bullish on Microsoft. While keeping an eye on these politician trades can be insightful, investors are advised not to make hasty decisions based solely on their actions.
Source: YAHOO