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Yahoo
14-05-2025
- Business
- Yahoo
Is Impinj, Inc. (PI) the Tech Stock That Trump's Fellow Republican Bought Amid Market Rout?
We recently published a list of . In this article, we are going to take a look at where Impinj, Inc. (NASDAQ:PI) stands against other tech stocks that Trump's fellow Republican bought amid market rout. Keeping track of politicians' stock investments is a good way of determining which stocks may receive favorable policy treatment from the government down the road. By looking at the committees these politicians sit in, and the policy matters they are dealing with, investors can gain insights into what's to follow for certain industries. The STOCK Act requires these politicians to report their trades within 45 days of placing them. These disclosures are then made public, making the process as transparent as possible. While looking at some recent disclosures, we noticed certain politicians who stood out. One such politician was Trump's fellow Republican Marjorie Taylor Greene, who bought stocks on the 3rd and 4th of April, two days when the S&P lost over 10% of its value! Some of these stocks have already recovered from their lows hit that day, showing how Ms Greene was able to buy stocks that recovered swiftly despite the broader market continuing to struggle. To come up with our list of 10 tech stocks that Trump's fellow Republican bought amid the market rout, we looked at the Republican's two recent filings on the 7th and 11th of April, where she reported these trades. We then ranked them by the number of hedge funds that hold the company's stock in their portfolio. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A close-up of a computer engineer working on the code for a cloud connectivity platform. Number of Hedge Fund Holders: 37 Impinj, Inc. (NASDAQ:PI) is a cloud connectivity platform operator. The company's platform wirelessly links items and provides data about the linked items to consumer and business applications. It mainly serves supply chain and logistics, aviation, data centers, retail, automotive, healthcare, banking, industrial, and manufacturing, and other markets. According to the Co-Founder and CEO of Impinj, Chris Diorio, the company has delivered four consecutive years of double-digit revenue growth. This growth was fueled by the strong demand in the general merchandise, supply chain and logistics, and retail apparel. PI reported an impressive 30% YoY revenue growth for the most recent quarter, while for the full-year 2024, the company recorded revenue growth of 19%. Based on the strong earnings, the firm provided a positive future outlook for the company. As per the guidance, PI management anticipates revenue to be in the range of $70 million and $73 million for Q1 2025. It represents a sequential decline because of the absence of large program ramps and excess endpoint IC inventory. Affected by lower average selling prices and product mix, gross margin will be at its lowest point for the year in Q1. However, with the help of cost efficiencies and new product launches, improvements are expected in the coming quarters. Overall, PI ranks 10th on our list of tech stocks that Trump's fellow Republican bought amid market rout. While we acknowledge the potential of PI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than PI but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
14-05-2025
- Business
- Yahoo
Is Dell Technologies (DELL) the Tech Stock That Trump's Fellow Republican Bought Amid Market Rout?
We recently published a list of . In this article, we are going to take a look at where Dell Technologies Inc. (NYSE:DELL) stands against other tech stocks that Trump's fellow Republican bought amid market rout. Keeping track of politicians' stock investments is a good way of determining which stocks may receive favorable policy treatment from the government down the road. By looking at the committees these politicians sit in, and the policy matters they are dealing with, investors can gain insights into what's to follow for certain industries. The STOCK Act requires these politicians to report their trades within 45 days of placing them. These disclosures are then made public, making the process as transparent as possible. While looking at some recent disclosures, we noticed certain politicians who stood out. One such politician was Trump's fellow Republican Marjorie Taylor Greene, who bought stocks on the 3rd and 4th of April, two days when the S&P lost over 10% of its value! Some of these stocks have already recovered from their lows hit that day, showing how Ms Greene was able to buy stocks that recovered swiftly despite the broader market continuing to struggle. To come up with our list of 10 tech stocks that Trump's fellow Republican bought amid the market rout, we looked at the Republican's two recent filings on the 7th and 11th of April, where she reported these trades. We then ranked them by the number of hedge funds that hold the company's stock in their portfolio. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A team of IT experts discussing the latest network security trends over a laptop screen. Number of Hedge Fund Holders: 63 Dell Technologies Inc. (NYSE:DELL) is a manufacturer, developer, designer, seller, supporter, and marketer of different integrated and comprehensive solutions, services, and products. It operates through Client Solutions Group (CSG) and Infrastructure Solutions Group (ISG) segments. President Donald Trump's administration recently announced the exemption of computers, smartphones, and electronics from tariffs. This move has eased pressure on the company, resulting in a recovery in stock price. Moreover, the stock has already recovered over 15% since Ms. Greene bought the shares on the 4th of April. Looking at the company's performance in Q1 2025, Global PC shipments, including notebooks, workstations, and desktops, increased by 9.4%. This growth was driven by Original Equipment Manufacturers (OEMs) speeding up shipments to the United States before tariff changes. The tech firm reported a 3% shipment growth YoY in Q1 by shipping 9.5 million units. Over the last few years, the company's AI servers and networking business segment has been the primary catalyst for its growth. With significant investments in the AI-optimized server products, Dell bounced back and achieved revenue growth in FY 2025. Dell Technologies Inc. (NYSE:DELL) aims for steady long-term growth, with targeted annual revenue growth of 3-4%. Its Infrastructure Solutions Group is anticipated to grow at a faster pace, expanding 6-8% annually. Overall, DELL ranks 9th on our list of tech stocks that Trump's fellow Republican bought amid market rout. While we acknowledge the potential of DELL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than DELL but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-05-2025
- Business
- Yahoo
House Speaker Mike Johnson supports a stock trading ban for US lawmakers
House Speaker Mike Johnson said Wednesday he is supportive of ongoing efforts on Capitol Hill to ban lawmakers from trading stocks, even as he expressed sympathy for opponents of the idea and didn't say whether he will bring up the effort for a House vote. "You want me to tell you my honest opinion on that?" he said to reporters Wednesday. "I'm in favor of it because I don't think we should have any appearance of impropriety here." But Johnson quickly offered caveats in a nuanced answer, noting, "I understand people that have misgivings about that," while not saying whether a vote would be in the offing. "We'll see where it lands," he concluded. The comments come as some lawmakers again push efforts to ban the controversial practice of congressional stock trading, with other lawmakers again under scrutiny for trading during recent market volatility. Johnson had previously avoided taking a position on the issue, with his new comments coming as varied efforts to enact a ban gain bipartisan support. One bill, called the TRUST in Congress Act, would require lawmakers and their spouses and children to place certain assets into blind trusts. The bill currently has 72 co-sponsors, with 60 Democrats and 12 Republicans supportive. But supporters have been reintroducing this bill for years, only to see previous efforts fail to secure a vote. Another newer effort this year getting attention is called the No Corruption in Government Act, which would prohibit insider trading and also address congressional lobbying. Johnson didn't express support for any bill in particular, but said on Wednesday, "On balance, my view is we probably should do that because I think it's been abused in the past and I think sadly a few bad actors discolored it for everyone." Any new effort would build upon the 2012 STOCK Act, which made clear that insider trading by members of Congress is banned and required trades to be reported. The act has been criticized for not penalizing lawmakers who don't comply with the reporting requirements. Another prominent supporter of the effort is President Trump, who has repeatedly said he would sign a ban if it reaches his desk. He most recently weighed in during an interview with Time last month. "I would be okay with it," he said. "If they send that to me, I would do it." Ben Werschkul is a Washington correspondent for Yahoo Finance. Click here for political news related to business and money policies that will shape tomorrow's stock prices
Yahoo
14-05-2025
- Business
- Yahoo
Is Dell Technologies (DELL) the Tech Stock That Trump's Fellow Republican Bought Amid Market Rout?
We recently published a list of . In this article, we are going to take a look at where Dell Technologies Inc. (NYSE:DELL) stands against other tech stocks that Trump's fellow Republican bought amid market rout. Keeping track of politicians' stock investments is a good way of determining which stocks may receive favorable policy treatment from the government down the road. By looking at the committees these politicians sit in, and the policy matters they are dealing with, investors can gain insights into what's to follow for certain industries. The STOCK Act requires these politicians to report their trades within 45 days of placing them. These disclosures are then made public, making the process as transparent as possible. While looking at some recent disclosures, we noticed certain politicians who stood out. One such politician was Trump's fellow Republican Marjorie Taylor Greene, who bought stocks on the 3rd and 4th of April, two days when the S&P lost over 10% of its value! Some of these stocks have already recovered from their lows hit that day, showing how Ms Greene was able to buy stocks that recovered swiftly despite the broader market continuing to struggle. To come up with our list of 10 tech stocks that Trump's fellow Republican bought amid the market rout, we looked at the Republican's two recent filings on the 7th and 11th of April, where she reported these trades. We then ranked them by the number of hedge funds that hold the company's stock in their portfolio. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A team of IT experts discussing the latest network security trends over a laptop screen. Number of Hedge Fund Holders: 63 Dell Technologies Inc. (NYSE:DELL) is a manufacturer, developer, designer, seller, supporter, and marketer of different integrated and comprehensive solutions, services, and products. It operates through Client Solutions Group (CSG) and Infrastructure Solutions Group (ISG) segments. President Donald Trump's administration recently announced the exemption of computers, smartphones, and electronics from tariffs. This move has eased pressure on the company, resulting in a recovery in stock price. Moreover, the stock has already recovered over 15% since Ms. Greene bought the shares on the 4th of April. Looking at the company's performance in Q1 2025, Global PC shipments, including notebooks, workstations, and desktops, increased by 9.4%. This growth was driven by Original Equipment Manufacturers (OEMs) speeding up shipments to the United States before tariff changes. The tech firm reported a 3% shipment growth YoY in Q1 by shipping 9.5 million units. Over the last few years, the company's AI servers and networking business segment has been the primary catalyst for its growth. With significant investments in the AI-optimized server products, Dell bounced back and achieved revenue growth in FY 2025. Dell Technologies Inc. (NYSE:DELL) aims for steady long-term growth, with targeted annual revenue growth of 3-4%. Its Infrastructure Solutions Group is anticipated to grow at a faster pace, expanding 6-8% annually. Overall, DELL ranks 9th on our list of tech stocks that Trump's fellow Republican bought amid market rout. While we acknowledge the potential of DELL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than DELL but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-05-2025
- Business
- Yahoo
Is Lam Research Corp. (LRCX) the Tech Stock That Trump's Fellow Republican Bought Amid Market Rout?
We recently published a list of . In this article, we are going to take a look at where Lam Research Corporation (NASDAQ:LRCX) stands against other tech stocks that Trump's fellow Republican bought amid market rout. Keeping track of politicians' stock investments is a good way of determining which stocks may receive favorable policy treatment from the government down the road. By looking at the committees these politicians sit in, and the policy matters they are dealing with, investors can gain insights into what's to follow for certain industries. The STOCK Act requires these politicians to report their trades within 45 days of placing them. These disclosures are then made public, making the process as transparent as possible. While looking at some recent disclosures, we noticed certain politicians who stood out. One such politician was Trump's fellow Republican Marjorie Taylor Greene, who bought stocks on the 3rd and 4th of April, two days when the S&P lost over 10% of its value! Some of these stocks have already recovered from their lows hit that day, showing how Ms Greene was able to buy stocks that recovered swiftly despite the broader market continuing to struggle. To come up with our list of 10 tech stocks that Trump's fellow Republican bought amid the market rout, we looked at the Republican's two recent filings on the 7th and 11th of April, where she reported these trades. We then ranked them by the number of hedge funds that hold the company's stock in their portfolio. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A technician operating an automated semiconductor processing machine with laser accuracy. Number of Hedge Fund Holders: 84 Lam Research Corporation (NASDAQ:LRCX) plays a critical role in the semiconductor supply chain, offering services such as the design and manufacturing of semiconductor equipment. It mainly covers the regions of North America, Europe, East Asia, and Southeast Asia. Lam Research (NASDAQ:LRCX) is expected to post very strong earnings this week as the demand for wafer fab equipment has stayed strong, particularly from China. The real question for the company is whether it can manage to stick to the guidance announced previously. The tough macro environment suggests the company is unlikely to improve on its guidance, so it seems to have peaked in that department, something that is keeping the stock under pressure. Here's what Morgan Stanley analyst Joseph Moore thinks about the upcoming earnings: 'Our view is that the company may be able to guide in-line or slightly better than street expectation, but macro uncertainty is unlikely to lead to street expectations being revised up any further from here, given expectations are already quite high.' Overall, LRCX ranks 6th on our list of tech stocks that Trump's fellow Republican bought amid market rout. While we acknowledge the potential of LRCX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than LRCX but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
