5 Best Nancy Pelosi Stocks to Buy Now

In this article, we discuss the 5 best Nancy Pelosi stocks to buy now. If you want to read about some more Nancy Pelosi stocks, go directly to 12 Best Nancy Pelosi Stocks to Buy Now.

5. The Walt Disney Company (NYSE:DIS)

Number of Hedge Fund Holders: 112     

The Walt Disney Company (NYSE:DIS) together with its subsidiaries, operates as an entertainment company worldwide. It is one of the best stocks in the Nancy Pelosi stock portfolio. According to the data available publicly, she exercised 100 CALL options (10,000 shares) with a strike price of $100 in The Walt Disney Company (NYSE:DIS) stock worth somewhere between $1,000,000 and $5,000,000 in late January this year. 

On October 26, KeyBanc analyst Brandon Nispel maintained an Overweight rating on The Walt Disney Company (NYSE:DIS) stock and lowered the price target to $143 from $154, noting that the company’s traditional media business is exposed to negative macro trends, but focus on sports positions it favorably.

At the end of the third quarter of 2022, 112 hedge funds in the database of Insider Monkey held stakes worth $3.8 billion in The Walt Disney Company (NYSE:DIS), compared to 109 in the previous quarter worth $3.1 billion.

In its Q2 2022 investor letter, Oakmark Funds, an asset management firm, highlighted a few stocks and The Walt Disney Company (NYSE:DIS) was one of them. Here is what the fund said:

“The Walt Disney Company (NYSE:DIS) is one of the most beloved consumer companies in the world. Its media business has a rich library of intellectual property, which provides a powerful engine for creating new content across the Disney, Pixar, Marvel, and Star Wars brands. This content also contributes to the success of Disney’s theme parks, which generated nearly half the company’s earnings and grew more than 10% annually in the decade before the pandemic. Shares have fallen nearly 50% over the past year as investors worried about the company’s ability to transition its media business to a direct-to-consumer streaming world. This transition has required management to make investments in its Disney+ streaming service that are depressing profitability today. However, we believe these investments will ultimately produce attractive returns as Disney+ continues to grow subscribers and increase pricing over time. As a result, we were able to purchase shares at a substantial discount to our estimate of intrinsic value.”