U.S. Congressman Gottheimer Beats Burry and Pelosi with New Trades in 2024
Gottheimer’s Strategic Moves in the Stock Market
Josh Gottheimer, the Congressman from New Jersey’s 5th District, recently disclosed new stock trades that highlight his keen market insight. On August 1, 2024, he invested between $1,001 - $15,000 in Apple Inc. (NASDAQ: AAPL) and followed up with a similar investment in Abbott Laboratories (NYSE: ABT) on August 19, 2024.
Notable Exits and Their Implications
During this period, Gottheimer also executed strategic sales by trimming his holdings in Advanced Micro Devices (NASDAQ: AMD) and offloading shares of Air Products and Chemicals (NYSE: APD). These moves suggest a proactive approach to managing his portfolio amid anticipated market volatility.
Performance That Outpaces Major Investors
Impressively, Gottheimer has achieved a 29.09% return over the past year, surpassing the 21% return posted by Michael Burry and the 26% return from Nancy Pelosi. This performance places him in an elite group among investors noted for their strategic market maneuvers.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.