President Trump Sold 2 Popular Artificial Intelligence (AI) Stocks. Wall Street Says Investors Should Buy Both.
President Donald Trump sold stock in Palantir and Meta Platforms in June, according to a recent disclosure.
Overview
President Trump's latest disclosure with the Office of Government Ethics shows that his brokerage accounts made 1,051 trades in June. Those accounts are managed by third-party financial institutions, meaning Trump himself was not responsible for the decision to buy or sell any security.
Even so, the trades are worth examining. For example, Trump's accounts sold a substantial amount of stock in two popular artificial intelligence companies in June, as detailed below:
Details
However, transactions that took place in June have little relevance today. In fact, most Wall Street analysts think Palantir and Meta Platforms are undervalued. Here are the important details.
Source
Originally published at www.fool.com.