Congress Insider Stock Trades: Raytheon, Zoetis, Ardmore Shipping
Top 3 Congress Insider Stock Trades
Despite the best efforts of some and seemingly disingenuous promises of others dating back multiple years, U.S. elected officials remain some of the most prolific and successful traders in the country. Former Speaker Nancy Pelosi and Senator Tommy Tuberville have been taking the bulk of attention, but they are far from the only politicians to trade.
Raytheon and Many Politicians
War stocks involving Pentagon-associated companies have gained significant interest amid recent geopolitical events, driving trades in companies like Raytheon. U.S. politicians have shown favoritism towards their Raytheon investments, with notable traders like Senator Markwayne Mullin and Representative Kevin Hern.
Zoetis and Senator Markwayne Mullin
Senator Markwayne Mullin drew attention with his trades of Zoetis stock, showcasing the nuances of healthcare investments by politicians. While Mullin's trade resulted in a loss, the timing of the sale avoided more substantial losses amid market volatility.
Ardmore Shipping and Representative Virginia Foxx
Representative Virginia Foxx's investment in Ardmore Shipping has proven to be a successful trade, with steady gains in the oil shipping company's stock price. Foxx's unique investment strategy stands out in the realm of congressional trades, highlighting profitable opportunities.
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.