Nancy Pelosi Sold Apple and Bought This 1 Stock Instead. Here's Why

"She's not out of the market just yet. She used a portion of her gains from her stock sales to buy into LEAPS (Long-Term Equity Anticipation Securities). The LEAPS options she bought included Apple, so she's still bullish on tech. If you are looking for direct buys, the standout new position is her purchase of 25,000 shares of . Why Pelosi sold AAPL stock and moved into AB stock instead"

"Her LEAPS on these tech stocks will let her keep long-term exposure. And in the meantime, purchases of stocks like AllianceBernstein will give her significant income. Her buy here is valued between $1 million and $5 million and is a defensive pivot. This is an asset manager with a juicy 9.4% forward dividend yield. We can read her purchase of LEAPs as preparing for more near-term to medium-term volatility that could hit tech stocks before eventual success in around 2 years."

Nancy Pelosi sold between $5 million and $25 million of stock as part of a $69 million portfolio reshuffle late last year, realizing sizable gains. She used some proceeds to buy LEAPS (Long-Term Equity Anticipation Securities), including positions tied to Apple, preserving long-term tech exposure through options. She also established a new direct equity position by purchasing 25,000 shares of AllianceBernstein valued between $1 million and $5 million, signaling a defensive pivot. AllianceBernstein offers a roughly 9.4% forward dividend yield that supplies significant income while LEAPS hedge for potential near- to medium-term volatility through January 2027.

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